Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Best Banks That Lend to Scott Small Business Owners

 

 
Loan Census SBA Loan Info

Scott, Louisiana Entrepreneur Gets an SBA Loan

Looking to get a Louisiana bank loan? This Louisiana entrepreneur got a bank loan, provided by a Louisiana bank that works with the SBA to help small business owners.

By giving the right information to Tri-Parish Bank, this Scott, Louisiana business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.

SBA Loan Borrower

COMPANY TYPE: EMPLOYEE LEASING SERVICES
SCOTT, LA 70583

SBA Loan Lender

TRI-PARISH BANK
301 W LAUREL AVE
EUNICE, LA 70535

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561330 - Employee Leasing Services

Loan Approval Date

9/29/2006

Loan Approval Gross Amount

$113,800

Loan Approval from the SBA

Of the total $113,800 loan amount, the SBA guaranteed $96,730.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 21 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 21 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Scott LA, you ought to talk with a local Scott SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Scott businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Tri-Parish Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Borrowing Money from Friends and Family

Best Banks in Eunice, Louisiana

Find an SBA Lender in Louisiana