Where to Get Capital for Wrecking and Demolition Contractors

Looking for small business loans for wrecking and demolition contractors? Talk to a banker who works with the SBA. This $124,000 wrecking and demolition contractors loan was issued by a North Dakota bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hurdsfield, North Dakota was able to borrow $124,000 from First Internatl Bank & Tr. The SBA made the loan possible by guaranteeing $105,400 of this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: WRECKING AND DEMOLITION WORK
HURDSFIELD, ND 58451

SBA Loan Lender

FIRST INTERNATL BANK & TR
910 LINCOLN AVE
HARVEY, ND 58341

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1795 - Wrecking and Demolition Work

NAICS Code

235940 - Wrecking and Demolition Contractors

Loan Approval Date

5/13/2003

Loan Approval Gross Amount

$124,000

Loan Approval from the SBA

Of the total $124,000 loan amount, the SBA guaranteed $105,400.

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 only one employee. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

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