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November 15, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Birmingham, Business Loans > Regions Bank Birmingham Business Loans > Furniture Stores Loan | ||||
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Birmingham SBA Lenders
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Birmingham, Alabama Bank Lends Money to Furniture Stores Company in Scott, LouisianaThinking about meeting with a Birmingham, Alabama bank about an SBA loan? Here's one Louisiana business loan, issued by a Birmingham bank, that was approved by the SBA. Applying for an SBA loan with Regions Bank worked out well for our friends at one local firm in Scott, Louisiana. The business was able to get an SBA loan for $425,000. Awesome! SBA Loan Borrower COMPANY TYPE: FURNITURE STORES SBA Loan Lender REGIONS BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 442110 - Furniture Stores Loan Approval Date 2/27/2007 Loan Approval Gross Amount $425,000 Loan Approval from the SBA Of the total $425,000 loan amount, the SBA guaranteed $318,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Regions Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Find an SBA Lender in Birmingham, Alabama
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