Where to Get Capital for Industrial Nonbuilding Structure Construction

With these small business loans for industrial nonbuilding structure construction, the SBA guarantees the lender that the loan will be repaid. This industrial nonbuilding structure construction loan for $1,333,000 was given to a Louisiana entrepreneur in 2001.

This company knew how to go about getting a business bank loan. Based in Houma, Louisiana, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bizcapital Bidco II, LLC, based in New Orleans, Louisiana.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL NONBUILDING STRUCTURE CONSTRUCTION
HOUMA, LA 70363

SBA Loan Lender

BIZCAPITAL BIDCO II, LLC
909 POYDRAS ST, SUITE 2230
NEW ORLEANS, LA 70112

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

234930 - Industrial Nonbuilding Structure Construction

Loan Approval Date

11/21/2001

Loan Approval Gross Amount

$1,333,000

Loan Approval from the SBA

Of the total $1,333,000 loan amount, the SBA guaranteed $999,750.

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 26 employees. This SBA loan request indicated that the borrowed money would help generate 14 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bizcapital Bidco II, LLC and they will explain how you can get an SBA loan for your company.

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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SBA Louisiana Lenders