SBA lending record

Dowling Processing, L.L.C.

10569 Highway 80, Simsboro, LA 71275 · Animal (except Poultry) Slaughtering. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$914K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$913,500 — FY2024

Gross approval: $913,500
SBA guaranteed: $685,125 (75%)
Status: Current
Rate at approval: 8.5% v
Term: 240 mo (20 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/27/2024
First disbursement: 9/26/2024
Days to fund: 30 days
Collateral: Required
Jobs supported: 5
Business type

The lender

Gibsland Bank & Trust Company

1 loan to this business

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Dowling Processing, L.L.C..