Loans for Concrete Contractors

With these loans for concrete contractors, the SBA guarantees the lender that the loan will be repaid. This concrete contractors loan for $328,500 was given to a California entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Santee, California was able to borrow $328,500 from Pacific Cap. Bank. The SBA made the loan possible by guaranteeing $246,375 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE CONTRACTORS
SANTEE, CA 92071

SBA Loan Lender

PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101

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

235710 - Concrete Contractors

Loan Approval Date

4/17/2001

Loan Approval Gross Amount

$328,500

Loan Approval from the SBA

Of the total $328,500 loan amount, the SBA guaranteed $246,375.

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 75 employees. This SBA loan request indicated that the loan would help retain 75 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

We can help you find the best banks for small businesses in Santee 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.

Related Links:

Business Incubators

SBA 7A Banks for Santa Barbara, California Loans

California SBA 7A Banks