Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

SBA Lender Lake Havasu City Arizona

 

 
Loan Census SBA Loan Info

Borrowing Money for Site Preparation Contractors

Looking for bank loans for site preparation contractors? An SBA loan may be just what you've been looking for. This $50,000 site preparation contractors loan was issued by a Nevada bank.

This small firm knew how to go about getting a business bank loan. Based in Lake Havasu City, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Washington Mutual Bank, based in Henderson, Nevada.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
LAKE HAVASU CITY, AZ 86404

SBA Loan Lender

WASHINGTON MUTUAL BANK
2273 N GREEN VALLEY PKWY, STE
HENDERSON, NV 89014

This business 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

238910 - Site Preparation Contractors

Loan Approval Date

7/26/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

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:

Understanding Dilution

Best Henderson, Nevada Banks for Small Business

SBA Nevada Banks