 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Alaska Business Loan Sources > Anchorage, Business Loans > First National Bank Alaska Anchorage Business Loans > Heavy And Civil Engineering Construction Loan | ||||
 |
||||
Business Loans for Kenai Businesses
|
||||
 |
Heavy and Civil Engineering Construction Commercial LoansLooking for commercial loans for heavy and civil engineering construction? The SBA may be the answer. This $66,600 heavy and civil engineering construction loan was issued by an Alaska bank. Getting a small business loan in Kenai, Alaska was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from First National Bank Alaska, operating out of Anchorage, Alaska. Here are the details on this Alaska small business loan. SBA Loan Borrower COMPANY TYPE: HEAVY AND CIVIL ENGINEERING CONSTRUCTION SBA Loan Lender FIRST NATIONAL BANK ALASKA This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 237990 - Heavy and Civil Engineering Construction Loan Approval Date 4/21/2004 Loan Approval Gross Amount $66,600 Loan Approval from the SBA Of the total $66,600 loan amount, the SBA guaranteed $56,610. 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 only one employee. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First National Bank Alaska that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Best Anchorage, Alaska Banks for Small Business
|
|
||
|
||||
|
|
||||