How to Get a Loan for Highway and Street Construction
With these business loans for highway and street construction, the SBA guarantees the lender that the loan will be repaid. This highway and street construction loan for $500,000 was given to a Wyoming entrepreneur in 2001.
This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Frontier Cert. Devel Co, out of Casper, Wyoming. The loan was granted and they received $500,000 to help grow their Cowley, Wyoming business.
SBA Loan Borrower
COMPANY TYPE: HIGHWAY AND STREET CONSTRUCTION
COWLEY, WY 82420
SBA Loan Lender
FRONTIER CERT. DEVEL CO
232 EAST SECOND STREET, SUITE
CASPER, WY 82602
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA 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
1611 - Highway and Street Construction
NAICS Code
234110 - Highway and Street Construction
Loan Approval Date
5/23/2001
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 190 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
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SBA Banks in Casper, Wyoming
SBA Lenders in Wyoming