Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Business Loans for Roosevelt Entrepreneurs

 

 
Loan Census SBA Loan Info

Loans for Poured Concrete Foundation and Structure Contractors

Looking for loans for poured concrete foundation and structure contractors? Talk to a banker who works with the SBA. This $29,400 poured concrete foundation and structure contractors loan was issued by an Utah bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Celtic Bank Corporation, out of Salt Lake City, Utah. The loan was granted and they received $29,400 to help grow their Roosevelt, Utah business.

SBA Loan Borrower

COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS
ROOSEVELT, UT 84066

SBA Loan Lender

CELTIC BANK CORPORATION
340 E 400
SALT LAKE CITY, UT 84111

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

238110 - Poured Concrete Foundation and Structure Contractors

Loan Approval Date

8/22/2006

Loan Approval Gross Amount

$29,400

Loan Approval from the SBA

Of the total $29,400 loan amount, the SBA guaranteed $24,990.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Getting a Small Business Loan

SBA Approved Banks in Salt Lake City, Utah

Getting an SBA Loan in Utah