Signs and Design LLC
Signs and Design LLC is an indoor and outdoor display advertising business located in New Orleans, Louisiana, and operates as a FASTSIGNS franchise. The company was financed with an SBA 7(a) loan for a change of ownership totaling $838,000, approved by The Citizens National Bank of Meridian on March 12, 2026, and the loan reports 9 jobs.
SBA 7(a) loan, change of ownership, approved Mar 12, 2026
$838,000 approvedLender: The Citizens National Bank of Meridian26 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $838,000
- SBA-guaranteed amount
- $628,500 (75% of the approval)
- Lender
- The Citizens National Bank of Meridian, Meridian, MS
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 26 years (312 months)
- Estimated maturity
- March 12, 2052 (estimated, approval date plus term)
- Estimated monthly payment
- $6,817 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 541850, Indoor and Outdoor Display Advertising
- Franchise
- FASTSIGNS
- Project location
- Orleans County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Indoor and Outdoor Display Advertising: $2,807,000.
- Average acquisition loan in Louisiana: $1,702,056.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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