Business Loans for Concrete Block and Brick Manufacturing

Looking for business loans for concrete block and brick manufacturing? An SBA loan may be just what you've been looking for. This $809,332 concrete block and brick manufacturing loan was issued by a Texas bank.

This business knew how to go about getting a business bank loan. Based in Mcallen, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was The Frost National Bank, based in Alamo, Texas.

SBA Loan Borrower

COMPANY TYPE: CONCRETE BLOCK AND BRICK MANUFACTURING
MCALLEN, TX 78501

SBA Loan Lender

THE FROST NATIONAL BANK
809 MAIN ST
ALAMO, TX 78516

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327331 - Concrete Block and Brick Manufacturing

Loan Approval Date

9/3/2004

Loan Approval Gross Amount

$809,332

Loan Approval from the SBA

Of the total $809,332 loan amount, the SBA guaranteed $606,999.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 40 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

This SBA loan was for $809,332. How would you spend $809,332 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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SBA Participating Banks in Alamo, Texas

Texas SBA Banks