Getting an SBA Loan for Masonry and Stone Contractors

Looking for commercial loans for masonry and stone contractors? Talk to a banker who works with the SBA. This $20,000 masonry and stone contractors loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Swanton, Ohio was able to borrow $20,000 from Fifth Third Bank. The SBA made the loan possible by guaranteeing $10,000 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: MASONRY AND STONE CONTRACTORS
SWANTON, OH 43558

SBA Loan Lender

FIFTH THIRD BANK
606 MADISON AVE
TOLEDO, OH 43604

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

235410 - Masonry and Stone Contractors

Loan Approval Date

11/27/2000

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

While you may be able to borrow money from friends and family, 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.

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