Where to Get Capital for Power and Communication Line and Related Structures Construction

With these SBA loans for power and communication line and related structures construction, the SBA guarantees the lender that the loan will be repaid. This power and communication line and related structures construction loan for $300,000 was given to a Kansas entrepreneur in 2006.

This small business knew how to go about getting a business bank loan. Based in Lawrence, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Intrust Bank, based in Wichita, Kansas.

SBA Loan Borrower

COMPANY TYPE: POWER AND COMMUNICATION LINE AND RELATED STRUCTURES CONSTRUCTION
LAWRENCE, KS 66047

SBA Loan Lender

INTRUST BANK
105 N MAIN ST
WICHITA, KS 67202

This SBA 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

237130 - Power and Communication Line and Related Structures Construction

Loan Approval Date

5/4/2006

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

While you may be able to borrow money from friends and family, 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.

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