Raising Money for Highway and Street Construction
Looking for business loans for highway and street construction? The SBA may be the answer. This $350,000 highway and street construction loan was issued by an Arizona bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Great Western Bank, out of Casa Grande, Arizona. The loan was granted and they received $350,000 to help grow their Coolidge, Arizona business.
SBA Loan Borrower
COMPANY TYPE: HIGHWAY AND STREET CONSTRUCTION
COOLIDGE, AZ 85228
SBA Loan Lender
GREAT WESTERN BANK
1300 E FLORENCE BLVD
CASA GRANDE, AZ 85222
This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and a thorough understanding of SBA loan requirements.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1611 - Highway and Street Construction
NAICS Code
234110 - Highway and Street Construction
Loan Approval Date
3/11/2003
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
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 8 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.
Related Links:
Obtaining Funding - Friends and Family
Small Business Banks in Casa Grande, Arizona
SBA Arizona Banks