 |
| Pastor Smith and wife, Sandra |
[Baton Rouge, La.] The Present Truth Prayer Center of 3560
Delta Drive in St. Gabriel, La is grateful for the assistance given by the
Center for Rural and Small Business Development. During the Fall of 2008,
leaders of the Present Truth Church Prayer Center began to look at vacant land
and buildings to relocate their church due to the growth in membership. By the
summer of 2009, the church began to eye a new warehouse that was for sale. At
first they only wanted to rent the warehouse, but later decided it would be
best to purchase it. They approached Iberville
Bank for assistance in this effort. The
loan officer had previously worked with the Center for Rural and Small Business
Development at SU Ag Center and referred them there for assistance in the
development of a loan proposal.
The Center for Rural and Small Business Development provided
counseling, developed a business plan, financial statements and completed the
Iberville Bank loan package for the purchase of the warehouse.
Senior Pastor/Founder Randy Kevin Smith and his wife, Sandra
worked closely with Gloria London and Eual Hall from the Center for Rural and
Small Business Development in finalizing the business plan and loan proposal. The final package was completed in June 2009
and submitted to Iberville Bank. The
loan was approved and closed in August 2009.
The church has had great success financially and
spiritually. They have been able to meet all financial obligations, membership
has tripled and they are engrossed in community outreach as the continue to win
souls for Christ.
# # #
Contact:
Bridget Udoh
(225) 771-5714
1 comment:
Post a Comment