Getting an SBA Loan for Concrete Contractors

With these business loans for concrete contractors, the SBA guarantees the lender that the loan will be repaid. This concrete contractors loan for $328,000 was given to a California entrepreneur in 2002.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $328,000 to help grow their Sun Valley, California business.

SBA Loan Borrower

COMPANY TYPE: CONCRETE CONTRACTORS
SUN VALLEY, CA 91352

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235710 - Concrete Contractors

Loan Approval Date

7/8/2002

Loan Approval Gross Amount

$328,000

Loan Approval from the SBA

Of the total $328,000 loan amount, the SBA guaranteed $246,000.

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 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Sun Valley CA, you ought to talk with a local Sun Valley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sun Valley businesses.

This SBA loan was for $328,000. How would you spend $328,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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