Commercial Loans for Concrete Contractors
With these commercial loans for concrete contractors, the SBA guarantees the lender that the loan will be repaid. This concrete contractors loan for $35,000 was given to a Wisconsin entrepreneur in 2002.
This business knew how to go about getting a business bank loan. Based in Neenah, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Community First Cu, based in Appleton, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: CONCRETE WORK
NEENAH, WI 54956
SBA Loan Lender
COMMUNITY FIRST CU
2626 S ONEIDA ST
APPLETON, WI 54915
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1771 - Concrete Work
NAICS Code
235710 - Concrete Contractors
Loan Approval Date
12/30/2002
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $29,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you need money to start business in Neenah WI, you ought to talk with a local Neenah SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Neenah businesses.
We can help you find the best banks for small businesses in Neenah or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
How Equity Dilution Works
SBA 7A Banks for Appleton, Wisconsin Loans
Find an SBA Lender in Wisconsin