Where to Get Capital for Excavation Contractors

Looking for small business loans for excavation contractors? Talk to a banker who works with the SBA. This $33,000 excavation contractors loan was issued by a Rhode Island bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Washington Tr Co - Westerly, out of Westerly, Rhode Island. The loan was granted and they received $33,000 to help grow their North Kingstown (local Name Wi, Rhode Island business.

SBA Loan Borrower

COMPANY TYPE: EXCAVATION CONTRACTORS
NORTH KINGSTOWN (LOCAL NAME WI, RI 02852

SBA Loan Lender

WASHINGTON TR CO - WESTERLY
23 BROAD ST
WESTERLY, RI 02891

This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

235930 - Excavation Contractors

Loan Approval Date

6/1/2001

Loan Approval Gross Amount

$33,000

Loan Approval from the SBA

Of the total $33,000 loan amount, the SBA guaranteed $16,500.

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 3 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in North Kingstown (local Name Wi RI, you ought to talk with a local North Kingstown (local Name Wi SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Kingstown (local Name Wi businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding From a Venture Capitalist

SBA Approved Banks in Westerly, Rhode Island

Rhode Island SBA Bank Lenders