How to Get a Loan for Excavation Contractors
Looking for SBA loans for excavation contractors? Try the SBA. This $230,200 excavation contractors loan was issued by a Texas bank.
Getting a small business loan in Idaho Springs, Colorado was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Houston, Texas. Here are the details on this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: EXCAVATION CONTRACTORS
IDAHO SPRINGS, CO 80452
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
235930 - Excavation Contractors
Loan Approval Date
7/31/2001
Loan Approval Gross Amount
$230,200
Loan Approval from the SBA
Of the total $230,200 loan amount, the SBA guaranteed $172,650.
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 9 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 9 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
This SBA loan was for $230,200. How would you spend $230,200 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Alternative Financing
SBA 7A Lenders in Houston, Texas
SBA Participating Banks in Texas