Get an SBA Loan for Power and Communication Transmission Line Construction

Looking for bank loans for power and communication transmission line construction? Try the SBA. This $1,116,000 power and communication transmission line construction loan was issued by a Wisconsin bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Community Bank & Trust, out of Sheboygan, Wisconsin. The loan was granted and they received $1,116,000 to help grow their Sheboygan, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: POWER AND COMMUNICATION TRANSMISSION LINE CONSTRUCTION
SHEBOYGAN, WI 53085

SBA Loan Lender

COMMUNITY BANK & TRUST
604 N EIGHTH ST
SHEBOYGAN, WI 53081

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

234920 - Power and Communication Transmission Line Construction

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$1,116,000

Loan Approval from the SBA

Of the total $1,116,000 loan amount, the SBA guaranteed $837,000.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

We can help you find the best banks for small businesses in Sheboygan or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Business Credit Evaluation

Small Business Banks in Sheboygan, Wisconsin

Where to Get an SBA Loan Wisconsin