Getting an SBA Loan for Heavy and Civil Engineering Construction

Looking for commercial loans for heavy and civil engineering construction? Talk to a banker who works with the SBA. This $1,030,300 heavy and civil engineering construction loan was issued by a Kansas bank.

This business knew how to go about getting a business bank loan. Based in Garden City, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was The Western State Bank, based in Garden City, Kansas.

SBA Loan Borrower

COMPANY TYPE: SPECIAL TRADE CONTRACTORS
GARDEN CITY, KS 67846

SBA Loan Lender

THE WESTERN STATE BANK
1500 E KANSAS AVE
GARDEN CITY, KS 67846

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1799 - Special Trade Contractors

NAICS Code

237990 - Heavy and Civil Engineering Construction

Loan Approval Date

11/4/2004

Loan Approval Gross Amount

$1,030,300

Loan Approval from the SBA

Of the total $1,030,300 loan amount, the SBA guaranteed $772,725.

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 12 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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