Loan Census Banking News and Information
November 22, 2024  
 
 
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Carthage, Mississippi SBA 7A Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Carthage, Mississippi Bank to Get an SBA Loan

Thinking about meeting with a Carthage, Mississippi bank about a business loan? Here's one Mississippi business loan, issued by a Carthage bank, that was approved by the SBA.

Applying for an SBA loan with First Financial Bank worked out well for our friends at one local firm in Wesson, Mississippi. The business was able to get an SBA loan for $75,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: BROILER, FRYER, AND ROASTER CHICKENS
WESSON, MS 39191

SBA Loan Lender

FIRST FINANCIAL BANK
206 N VAN BUREN
CARTHAGE, MS 39051

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0251 - Broiler, Fryer, and Roaster Chickens

NAICS Code

112320 - Broilers and Meat Type

Loan Approval Date

8/5/2005

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $56,250.

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. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.

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

If you are wondering how to raise money for a business in Wesson MS, you ought to talk with a local Wesson SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Wesson businesses.

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.

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