Financing for Masonry Contractors

Looking for commercial loans for masonry contractors? An SBA loan may be just what you've been looking for. This $750,000 masonry contractors loan was issued by an Alabama bank.

Getting a small business loan in Oneonta, Alabama was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Hometown Bank Of Alabama, operating out of Oneonta, Alabama. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: MASONRY CONTRACTORS
ONEONTA, AL 35121

SBA Loan Lender

THE HOMETOWN BANK OF ALABAMA
2002 2ND AVE EAST
ONEONTA, AL 35121

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238140 - Masonry Contractors

Loan Approval Date

2/1/2005

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

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 4 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Obtaining Funding - Getting Venture Capital

SBA 7A Lenders in Oneonta, Alabama

Alabama SBA Banks