Bank Loans for Masonry Contractors

With these bank loans for masonry contractors, the SBA guarantees the lender that the loan will be repaid. This masonry contractors loan for $250,000 was given to a Texas entrepreneur in 2006.

Getting a small business loan in Bangs, Texas was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Texas Bank, operating out of Brownwood, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: MASONRY CONTRACTORS
BANGS, TX 76823

SBA Loan Lender

TEXAS BANK
400 FISK ST
BROWNWOOD, TX 76801

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

238140 - Masonry Contractors

Loan Approval Date

4/18/2006

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 10 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Texas Bank and they will explain how you can get an SBA loan for your company.

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.

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