Business Loans for Excavation Contractors

Looking for business loans for excavation contractors? An SBA loan may be just what you've been looking for. This $184,600 excavation contractors loan was issued by a Minnesota bank.

This small business knew how to go about getting a business bank loan. Based in Little Falls, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Bremer Bank, based in Saint Cloud, Minnesota.

SBA Loan Borrower

COMPANY TYPE: EXCAVATION CONTRACTORS
LITTLE FALLS, MN 56345

SBA Loan Lender

BREMER BANK
1100 W ST. GERMAIN ST
SAINT CLOUD, MN 56301

This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235930 - Excavation Contractors

Loan Approval Date

3/7/2001

Loan Approval Gross Amount

$184,600

Loan Approval from the SBA

Of the total $184,600 loan amount, the SBA guaranteed $138,450.

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 4 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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

Small Bank Loans in Saint Cloud, Minnesota

Getting an SBA Loan in Minnesota