Raising Money for Hardware Stores

Looking for bank loans for hardware stores? Try the SBA. This $307,300 hardware stores loan was issued by a Mississippi bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Trustmark National Bank, out of Pearl, Mississippi. The loan was granted and they received $307,300 to help grow their Tylertown, Mississippi business.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
TYLERTOWN, MS 39667

SBA Loan Lender

TRUSTMARK NATIONAL BANK
201 COUNTRY PL PKWY
PEARL, MS 39208

This loan for a small business was underwritten by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444130 - Hardware Stores

Loan Approval Date

7/14/2006

Loan Approval Gross Amount

$307,300

Loan Approval from the SBA

Of the total $307,300 loan amount, the SBA guaranteed $230,475.

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 4 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

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

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Business Cash Advances

Who Lends Money to Small Businesses in Pearl, Mississippi

Where to Get an SBA Loan Mississippi