St. Rose, Louisiana Business Gets SBA-Guaranteed Funding from Gulf Coast Business & Indust Devel

Gulf Coast Business & Indust Devel has a track record as a leading provider of SBA loans. Find out how this Louisiana entrepreneur received an SBA loan from them.

This business knew how to go about getting a business bank loan. Based in St. Rose, Louisiana, they applied for and received an SBA-guaranteed loan in 2000. The lending bank was Gulf Coast Business & Indust Devel, based in Baton Rouge, Louisiana.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL AND PERSONAL SERVICE PAPER
ST. ROSE, LA 70087

SBA Loan Lender

GULF COAST BUSINESS & INDUST DEVEL
8752 QUARTERS LAKE RD
BATON ROUGE, LA 70809

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5113 - Industrial and Personal Service Paper

NAICS Code

422130 - Industrial and Personal Service Paper Wholesalers

Loan Approval Date

1/25/2000

Loan Approval Gross Amount

$563,000

Loan Approval from the SBA

Of the total $563,000 loan amount, the SBA guaranteed $422,250.

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 14 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Obtaining Funding - Getting Venture Capital

SBA 7A Banks in Baton Rouge, Louisiana

Louisiana SBA Bank Lenders