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November 22, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Carthage, Business Loans > First Financial Bank Carthage Business Loans > Poultry Processing Loan | ||||
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Tips for Business Owners On Getting a Loan
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Poultry Processing SBA LoansLooking for SBA loans for poultry processing? The SBA may be the answer. This $105,000 poultry processing loan was issued by a Mississippi bank. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with First Financial Bank, out of Carthage, Mississippi. The loan was granted and they received $105,000 to help grow their Walnut Grove, Mississippi business. SBA Loan Borrower COMPANY TYPE: POULTRY PROCESSING SBA Loan Lender FIRST FINANCIAL BANK This lender issued this loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 311615 - Poultry Processing Loan Approval Date 10/18/2007 Loan Approval Gross Amount $105,000 Loan Approval from the SBA Of the total $105,000 loan amount, the SBA guaranteed $89,250. 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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours 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: Find an SBA Lender in Carthage, Mississippi
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