Where to Get Capital for Water, Sewer, and Pipeline Construction
With these small business loans for water, sewer, and pipeline construction, the SBA guarantees the lender that the loan will be repaid. This water, sewer, and pipeline construction loan for $200,000 was given to a entrepreneur in 2004.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Banco Bilbao Vizcaya Argentari, out of San Juan, . The loan was granted and they received $200,000 to help grow their Guaynabo, business.
SBA Loan Borrower
COMPANY TYPE: WATER, SEWER, AND PIPELINE CONSTRUCTION
GUAYNABO, PR 00970
SBA Loan Lender
BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
234910 - Water, Sewer, and Pipeline Construction
Loan Approval Date
10/4/2004
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $100,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 30 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 45 existing jobs.
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.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Banco Bilbao Vizcaya Argentari so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
How Much Venture Capital Is There?