Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Tempe, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Poured Concrete Foundation and Structure Contractors SBA Loans

Looking for SBA loans for poured concrete foundation and structure contractors? Try the SBA. This $1,016,000 poured concrete foundation and structure contractors loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Tempe, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Sterling Savings Bank, based in Santa Rosa, California.

SBA Loan Borrower

COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS
TEMPE, AZ 95281

SBA Loan Lender

STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

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

9/22/2006

Loan Approval Gross Amount

$1,016,000

Loan Approval from the SBA

Of the total $1,016,000 loan amount, the SBA guaranteed $762,000.

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 72 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 72 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Sterling Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

504 Loans

SBA Banks in Santa Rosa, California

Where to Get an SBA Loan California