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December 20, 2024  
 
 
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I Need Commercial Loans in Lake Park, Florida

 

 
Loan Census SBA Loan Info

Business Loans for Concrete Contractors

Looking for business loans for concrete contractors? Talk to a banker who works with the SBA. This $550,000 concrete contractors loan was issued by a Florida bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lake Park, Florida was able to borrow $550,000 from National City Bank. The SBA made the loan possible by guaranteeing $412,500 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE WORK
LAKE PARK, FL 33408

SBA Loan Lender

NATIONAL CITY BANK
218 DATURA ST
WEST PALM BEACH, FL 33401

This loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and are well trained in SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1771 - Concrete Work

NAICS Code

235710 - Concrete Contractors

Loan Approval Date

12/7/2001

Loan Approval Gross Amount

$550,000

Loan Approval from the SBA

Of the total $550,000 loan amount, the SBA guaranteed $412,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. This SBA loan request did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Lake Park FL, you ought to talk with a local Lake Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lake Park businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Equity Financing

Where to Get an SBA Loan in West Palm Beach, Florida

Florida SBA 7A Banks