Getting an SBA Loan for Concrete Contractors

Looking for commercial loans for concrete contractors? Try the SBA. This $47,200 concrete contractors loan was issued by a North Dakota bank.

This business knew how to go about getting a business bank loan. Based in Bottineau, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was State Bank Of Bottineau, based in Bottineau, North Dakota.

SBA Loan Borrower

COMPANY TYPE: CONCRETE WORK
BOTTINEAU, ND 58318

SBA Loan Lender

STATE BANK OF BOTTINEAU
514 THOMPSON
BOTTINEAU, ND 58318

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1771 - Concrete Work

NAICS Code

235710 - Concrete Contractors

Loan Approval Date

3/22/2001

Loan Approval Gross Amount

$47,200

Loan Approval from the SBA

Of the total $47,200 loan amount, the SBA guaranteed $40,120.

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 2 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $47,200. How would you spend $47,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

Banks in Bottineau, North Dakota

Getting a Business Loan in North Dakota