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November 15, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Roswell, Business Loans > Bank Of The Southwest Roswell Business Loans > Ready-Mix Concrete Manufacturing Loan | ||||
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New Mexico SBA Banks
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Roswell, New Mexico Lender Lends Money to Ready-Mix Concrete Manufacturing CompanyGet business loans from a Roswell, New Mexico bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too. Bank Of The Southwest is a Roswell, New Mexico small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a New Mexico company. SBA Loan Borrower COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING SBA Loan Lender BANK OF THE SOUTHWEST This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 327320 - Ready-Mix Concrete Manufacturing Loan Approval Date 6/13/2003 Loan Approval Gross Amount $269,056 Loan Approval from the SBA Of the total $269,056 loan amount, the SBA guaranteed $201,792. 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 23 employees. The loan application did not indicate that the business 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? Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: SBA 7A Lenders in Roswell, New Mexico
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