Commercial Loans for Concrete Product Manufacturing
Looking for commercial loans for concrete product manufacturing? Try the SBA. This $150,000 concrete product manufacturing loan was issued by an Utah bank.
This business knew how to go about getting a business bank loan. Based in Pleasant Grove, Utah, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Central Bank, based in Provo, Utah.
SBA Loan Borrower
COMPANY TYPE: CONCRETE PRODUCT MANUFACTURING
PLEASANT GROVE, UT 84062
SBA Loan Lender
CENTRAL BANK
75 N UNIVERSITY AVE
PROVO, UT 84601
This commercial loan 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
327390 - Concrete Product Manufacturing
Loan Approval Date
9/14/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 12 employees. This SBA loan request indicated that the loan would help retain 12 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Central Bank and they will explain how you can get an SBA loan for your company.
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.
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