How to Get a Loan for Masonry Contractors
With these business loans for masonry contractors, the SBA guarantees the lender that the loan will be repaid. This masonry contractors loan for $10,000 was given to an Arizona entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Taylor, Arizona was able to borrow $10,000 from Bank Of America. The SBA made the loan possible by guaranteeing $5,000 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: MASONRY CONTRACTORS
TAYLOR, AZ 85939
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This lender processed this debt financing 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
238140 - Masonry Contractors
Loan Approval Date
3/22/2006
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
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.
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