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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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Dexter, New Mexico Bank Loan
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Loans for Ready-Mix Concrete ManufacturingLooking for loans for ready-mix concrete manufacturing? An SBA loan may be just what you've been looking for. This $192,246 ready-mix concrete manufacturing loan was issued by a New Mexico bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dexter, New Mexico was able to borrow $192,246 from Bank Of The Southwest. The SBA made the loan possible by guaranteeing $144,185 of this New Mexico small business loan. SBA Loan Borrower COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING SBA Loan Lender BANK OF THE SOUTHWEST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. 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 $192,246 Loan Approval from the SBA Of the total $192,246 loan amount, the SBA guaranteed $144,185. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 23 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We can help you find the best banks for small businesses in Dexter or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Roswell, New Mexico Banks for Small Business Browse All Business Loan Sources for New Mexico
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