Ready-Mix Concrete Manufacturing SBA Loans

Looking for SBA loans for ready-mix concrete manufacturing? Try the SBA. This $30,800 ready-mix concrete manufacturing loan was issued by a Wyoming bank.

This small business knew how to go about getting a business bank loan. Based in Lovell, Wyoming, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Shoshone First Bank, based in Cody, Wyoming.

SBA Loan Borrower

COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING
LOVELL, WY 82431

SBA Loan Lender

SHOSHONE FIRST BANK
1401 SHERIDAN AVE
CODY, WY 82414

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

327320 - Ready-Mix Concrete Manufacturing

Loan Approval Date

2/28/2003

Loan Approval Gross Amount

$30,800

Loan Approval from the SBA

Of the total $30,800 loan amount, the SBA guaranteed $15,400.

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 5 employees. The loan application indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Getting a Small Business Loan

Best Cody, Wyoming Banks for Small Business

Getting a Business Loan in Wyoming