Raising Money for Water and Sewer Line and Related Structures Construction
With these bank loans for water and sewer line and related structures construction, the SBA guarantees the lender that the loan will be repaid. This water and sewer line and related structures construction loan for $47,500 was given to an Idaho entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Homedale, Idaho was able to borrow $47,500 from Zions First National Bank. The SBA made the loan possible by guaranteeing $23,750 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: WATER AND SEWER LINE AND RELATED STRUCTURES CONSTRUCTION
HOMEDALE, ID 83628
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
This 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
237110 - Water and Sewer Line and Related Structures Construction
Loan Approval Date
3/6/2006
Loan Approval Gross Amount
$47,500
Loan Approval from the SBA
Of the total $47,500 loan amount, the SBA guaranteed $23,750.
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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Homedale ID, you ought to talk with a local Homedale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Homedale businesses.
While you may be able to find business people willing to loan money, 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:
Determining Proper Capital Structure for a Business
Banks in West Valley City, Utah
Getting an SBA Loan in Utah