Concrete Contractors Business Loans
With these business loans for concrete contractors, the SBA guarantees the lender that the loan will be repaid. This concrete contractors loan for $25,000 was given to a Pennsylvania entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Auburn, Pennsylvania was able to borrow $25,000 from Vist Bank. The SBA made the loan possible by guaranteeing $12,500 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: CONCRETE CONTRACTORS
AUBURN, PA 17922
SBA Loan Lender
VIST BANK
1240 BROADCASTING RD
WYOMISSING, PA 19610
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
235710 - Concrete Contractors
Loan Approval Date
10/26/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Auburn or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
The Friends and Family Network
Banks in Wyomissing, Pennsylvania
Getting an SBA Loan in Pennsylvania