Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Quincy Small Business Owners

 

 
Loan Census SBA Loan Info

Bank Loans for Foundation, Structure, and Building Exterior Contractors

Looking for bank loans for foundation, structure, and building exterior contractors? Try the SBA. This $36,700 foundation, structure, and building exterior contractors loan was issued by a Wisconsin bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Associated Bank, out of Green Bay, Wisconsin. The loan was granted and they received $36,700 to help grow their Quincy, Illinois business.

SBA Loan Borrower

COMPANY TYPE: FOUNDATION, STRUCTURE, AND BUILDING EXTERIOR CONTRACTORS
Quincy, IL 62301

SBA Loan Lender

ASSOCIATED BANK
200 N ADAMS ST
GREEN BAY, WI 54301

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

238190 - Foundation, Structure, and Building Exterior Contractors

Loan Approval Date

6/28/2007

Loan Approval Gross Amount

$36,700

Loan Approval from the SBA

Of the total $36,700 loan amount, the SBA guaranteed $18,350.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 no employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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.

Related Links:

Attracting Investors

Who Lends Money to Small Businesses in Green Bay, Wisconsin

Wisconsin SBA 7A Lenders