Small Business Loans for Heavy and Civil Engineering Construction
Looking for small business loans for heavy and civil engineering construction? Talk to a banker who works with the SBA. This $150,000 heavy and civil engineering construction loan was issued by a Washington bank.
This company knew how to go about getting a business bank loan. Based in Spoaken Valley, Washington, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Banner Bank, based in Walla Walla, Washington.
SBA Loan Borrower
COMPANY TYPE: HEAVY AND CIVIL ENGINEERING CONSTRUCTION
SPOAKEN VALLEY, WA 99037
SBA Loan Lender
BANNER BANK
10 S FIRST AVE
WALLA WALLA, WA 99362
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
237990 - Heavy and Civil Engineering Construction
Loan Approval Date
11/16/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
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 11 employees. The SBA loan application for the borrower indicated that the loan would help retain 11 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Banner Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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