Getting an SBA Loan for Water, Sewer, and Pipeline Construction

Looking for commercial loans for water, sewer, and pipeline construction? The SBA may be the answer. This $71,300 water, sewer, and pipeline construction loan was issued by an Idaho bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mountain Home, Idaho was able to borrow $71,300 from Idaho Independent Bank. The SBA made the loan possible by guaranteeing $60,605 of this Idaho small business loan.

SBA Loan Borrower

COMPANY TYPE: WATER, SEWER, AND PIPELINE CONSTRUCTION
MOUNTAIN HOME, ID 83647

SBA Loan Lender

IDAHO INDEPENDENT BANK
310 AMERICAN LEGION BLVD
MOUNTAIN HOME, ID 83647

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

234910 - Water, Sewer, and Pipeline Construction

Loan Approval Date

4/30/2002

Loan Approval Gross Amount

$71,300

Loan Approval from the SBA

Of the total $71,300 loan amount, the SBA guaranteed $60,605.

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 33 employees. This SBA loan request did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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.

Related Links:

Business Incubators

Small Bank Loans in Mountain Home, Idaho

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