Water, Sewer, and Pipeline Construction SBA Loans

Looking for SBA loans for water, sewer, and pipeline construction? The SBA may be the answer. This $691,000 water, sewer, and pipeline construction loan was issued by an Utah bank.

This business knew how to go about getting a business bank loan. Based in Raleigh, North Carolina, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Merrill Lynch Bank Usa, based in Salt Lake City, Utah.

SBA Loan Borrower

COMPANY TYPE: WATER, SEWER, AND PIPELINE CONSTRUCTION
RALEIGH, NC 27619

SBA Loan Lender

MERRILL LYNCH BANK USA
15 W SOUTH TEMPLE, STE 300
SALT LAKE CITY, UT 84101

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

234910 - Water, Sewer, and Pipeline Construction

Loan Approval Date

10/6/2000

Loan Approval Gross Amount

$691,000

Loan Approval from the SBA

Of the total $691,000 loan amount, the SBA guaranteed $518,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 36 employees. The SBA loan documents indicated that the loan would help retain 36 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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:

SBIR Funding

Small Bank Loans in Salt Lake City, Utah

SBA Utah Lenders