Business Loans for Excavation Contractors

Looking for business loans for excavation contractors? Talk to a banker who works with the SBA. This $46,800 excavation contractors loan was issued by a Washington bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Keybank National Association, out of Everett, Washington. The loan was granted and they received $46,800 to help grow their Bothell, Washington business.

SBA Loan Borrower

COMPANY TYPE: EXCAVATION CONTRACTORS
BOTHELL, WA 98012

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
2707 COLBY AVE, STE A
EVERETT, WA 98201

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235930 - Excavation Contractors

Loan Approval Date

6/7/2001

Loan Approval Gross Amount

$46,800

Loan Approval from the SBA

Of the total $46,800 loan amount, the SBA guaranteed $39,780.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels 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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Keybank National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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SBA Banks in Everett, Washington

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