Specialty Trade Contractors Bank Loans

Looking for bank loans for specialty trade contractors? Try the SBA. This $29,900 specialty trade contractors loan was issued by a Tennessee bank.

Getting a small business loan in Las Cruces, New Mexico was important for this growing firm back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Pinnacle National Bank, operating out of Mount Juliet, Tennessee. Here are the details on this New Mexico small business loan.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
LAS CRUCES, NM 88007

SBA Loan Lender

PINNACLE NATIONAL BANK
551 N MT JULIET RD
MOUNT JULIET, TN 37122

This SBA 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

238990 - Specialty Trade Contractors

Loan Approval Date

11/22/2006

Loan Approval Gross Amount

$29,900

Loan Approval from the SBA

Of the total $29,900 loan amount, the SBA guaranteed $14,950.

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 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

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.

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:

Small Business Credit Cards

Best Banks in Mount Juliet, Tennessee

Where to Get an SBA Loan Tennessee