St. Martinville, Louisiana Entrepreneur Gets an SBA Loan
Bank loans in Louisiana are tough to come by these days. We take a look at one Louisiana bank loan, provided by a California bank, that was approved by the SBA.
This business, based in St. Martinville, Louisiana, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Superior Financial Group, LLC. We've got the inside scoop on this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: LOCAL MESSENGERS AND LOCAL DELIVERY
ST. MARTINVILLE, LA 70394
SBA Loan Lender
SUPERIOR FINANCIAL GROUP, LLC
165 LENNON LANE, SUITE 101
WALNUT CREEK, CA 94598
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
492210 - Local Messengers and Local Delivery
Loan Approval Date
9/1/2006
Loan Approval Gross Amount
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $4,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 1 existing job.
Next Steps for Getting an SBA Loan
If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Superior Financial Group, LLC and they will explain how you can get an SBA loan for your company.
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.
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