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November 15, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Roswell, Business Loans > Pioneer Bank Roswell Business Loans > Roofing Contractors Loan | ||||
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New Mexico Small Business Funding
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Financing for Roofing ContractorsWith these commercial loans for roofing contractors, the SBA guarantees the lender that the loan will be repaid. This roofing contractors loan for $250,000 was given to a New Mexico entrepreneur in 2005. Getting a small business loan in Las Cruces, New Mexico was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Pioneer Bank, operating out of Roswell, New Mexico. Here are the details on this New Mexico small business loan. SBA Loan Borrower COMPANY TYPE: ROOFING CONTRACTORS SBA Loan Lender PIONEER BANK The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 238160 - Roofing Contractors Loan Approval Date 7/19/2005 Loan Approval Gross Amount $250,000 Loan Approval from the SBA Of the total $250,000 loan amount, the SBA guaranteed $125,000. 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 33 employees. This SBA loan request indicated that the loan would help retain 33 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. 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. Related Links: Obtaining Funding From a Venture Capitalist SBA 7A Banks in Roswell, New Mexico Getting an SBA Loan in New Mexico
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