Loans for Poured Concrete Foundation and Structure Contractors
Looking for loans for poured concrete foundation and structure contractors? The SBA may be the answer. This $137,400 poured concrete foundation and structure contractors loan was issued by an Utah bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Riverton, Utah was able to borrow $137,400 from Zions First National Bank. The SBA made the loan possible by guaranteeing $68,700 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS
RIVERTON, UT 84065
SBA Loan Lender
ZIONS FIRST NATIONAL BANK
2460 SOUTH 3270 WEST, SBA DEP
WEST VALLEY CITY, UT 84119
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
238110 - Poured Concrete Foundation and Structure Contractors
Loan Approval Date
5/22/2006
Loan Approval Gross Amount
$137,400
Loan Approval from the SBA
Of the total $137,400 loan amount, the SBA guaranteed $68,700.
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 8 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 8 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Zions First National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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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