Getting an SBA Loan for Masonry Contractors
Looking for SBA loans for masonry contractors? Talk to a banker who works with the SBA. This $50,600 masonry contractors loan was issued by an Utah bank.
Getting a small business loan in Eagle, Idaho was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Zions First National Bank, operating out of Salt Lake City, Utah. Here are the details on this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: MASONRY CONTRACTORS
EAGLE, ID 83616
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
1 S MAIN ST
SALT LAKE CITY, UT 84111
The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
238140 - Masonry Contractors
Loan Approval Date
1/20/2007
Loan Approval Gross Amount
$50,600
Loan Approval from the SBA
Of the total $50,600 loan amount, the SBA guaranteed $25,300.
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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
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'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:
Obtaining Funding - Getting Venture Capital
SBA Approved Banks in Salt Lake City, Utah
Getting a Business Loan in Utah