Business Loans for Electrical Contractors and Wiring Installation Contractors

Looking for business loans for electrical contractors and wiring installation contractors? An SBA loan may be just what you've been looking for. This $54,000 electrical contractors and wiring installation contractors loan was issued by a South Dakota bank.

This small business knew how to go about getting a business bank loan. Based in Pierre, South Dakota, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First National Bank, based in Fort Pierre, South Dakota.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL CONTRACTORS AND WIRING INSTALLATION CONTRACTORS
PIERRE, SD 57501

SBA Loan Lender

FIRST NATIONAL BANK
119 N DEADWOOD AVE
FORT PIERRE, SD 57532

This lender processed this 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

238210 - Electrical Contractors and Wiring Installation Contractors

Loan Approval Date

9/28/2007

Loan Approval Gross Amount

$54,000

Loan Approval from the SBA

Of the total $54,000 loan amount, the SBA guaranteed $27,000.

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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in Pierre SD, you ought to talk with a local Pierre SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pierre businesses.

We can help you find the best banks for small businesses in Pierre or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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