Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

SBA Lenders in Colorado

 

 
Loan Census SBA Loan Info

Concrete Contractors Small Business Loans

Looking for small business loans for concrete contractors? The SBA may be the answer. This $524,000 concrete contractors loan was issued by an Ohio bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Keybank National Association, out of Cleveland, Ohio. The loan was granted and they received $524,000 to help grow their Aurora, Colorado business.

SBA Loan Borrower

COMPANY TYPE: CONCRETE CONTRACTORS
AURORA, CO 80011

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235710 - Concrete Contractors

Loan Approval Date

8/13/2002

Loan Approval Gross Amount

$524,000

Loan Approval from the SBA

Of the total $524,000 loan amount, the SBA guaranteed $393,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 62 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 62 existing jobs.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $524,000 loan. Remember, things become real when you believe you can achieve them!

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:

Small Business Credit Cards

Good Banks for Small Business in Cleveland, Ohio

Browse All Business Loan Sources for Ohio