Where to Get Capital for Highway, Street, and Bridge Construction
Looking for SBA loans for highway, street, and bridge construction? An SBA loan may be just what you've been looking for. This $88,500 highway, street, and bridge construction loan was issued by a Texas bank.
Getting a small business loan in Lytle, Texas was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Security Service Fcu, operating out of San Antonio, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: HIGHWAY, STREET, AND BRIDGE CONSTRUCTION
LYTLE, TX 78052
SBA Loan Lender
SECURITY SERVICE FCU
16211 LA CANTERA PKWY
SAN ANTONIO, TX 78256
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
237310 - Highway, Street, and Bridge Construction
Loan Approval Date
5/29/2007
Loan Approval Gross Amount
$88,500
Loan Approval from the SBA
Of the total $88,500 loan amount, the SBA guaranteed $75,225.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
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