Where to Get Capital for Poured Concrete Foundation and Structure Contractors
Looking for SBA loans for poured concrete foundation and structure contractors? Try the SBA. This $329,600 poured concrete foundation and structure contractors loan was issued by a Delaware bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Sumner, Washington was able to borrow $329,600 from Lehman Brothers Bank, Fsb. The SBA made the loan possible by guaranteeing $247,200 of this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS
SUMNER, WA 98390
SBA Loan Lender
LEHMAN BROTHERS BANK, FSB
1000 WEST ST, STE 200
WILMINGTON, DE 19801
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
11/7/2005
Loan Approval Gross Amount
$329,600
Loan Approval from the SBA
Of the total $329,600 loan amount, the SBA guaranteed $247,200.
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 14 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 18 existing jobs.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Financing Your Business
SBA 7A Banks for Wilmington, Delaware Loans
Delaware SBA 7A Lenders