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November 16, 2024  
 
 
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Delaware SBA Lenders

 

 
Loan Census SBA Loan Info

Wilmington, Delaware Lender Lends Money to General Contracting For Nonresidential Buildings Company

Want to talk with a Wilmington, Delaware bank about an SBA loan? Here's one Delaware business loan, issued by a Wilmington bank, that was approved by the SBA.

Applying for an SBA loan with Artisans' Bank worked out well for our friends at one local firm in Bear, Delaware. They got an SBA loan for $45,544. Great job!

SBA Loan Borrower

COMPANY TYPE: GENERAL CONTRACTING FOR NONRESIDENTIAL BUILDINGS
BEAR, DE 19702

SBA Loan Lender

ARTISANS' BANK
223 W NINTH ST
WILMINGTON, DE 19801

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1542 - General Contracting for Nonresidential Buildings

NAICS Code

233320 - Commercial and Institutional Building Construction

Loan Approval Date

8/15/2002

Loan Approval Gross Amount

$45,544

Loan Approval from the SBA

Of the total $45,544 loan amount, the SBA guaranteed $38,712.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 14 employees. The loan application did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Artisans' Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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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