Loans for Poured Concrete Foundation and Structure Contractors

Looking for loans for poured concrete foundation and structure contractors? An SBA loan may be just what you've been looking for. This $295,000 poured concrete foundation and structure contractors loan was issued by a Texas bank.

This company knew how to go about getting a business bank loan. Based in Azle, Texas, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was State National Bank, based in Fort Worth, Texas.

SBA Loan Borrower

COMPANY TYPE: CONCRETE WORK
AZLE, TX 76020

SBA Loan Lender

STATE NATIONAL BANK
4500 MERCANTILE PLZA, STE 300
FORT WORTH, TX 76137

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

1771 - Concrete Work

NAICS Code

238110 - Poured Concrete Foundation and Structure Contractors

Loan Approval Date

9/5/2003

Loan Approval Gross Amount

$295,000

Loan Approval from the SBA

Of the total $295,000 loan amount, the SBA guaranteed $221,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. State National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, State National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Family and Friend Investors - Your First Financiers

Where to Get an SBA Loan in Fort Worth, Texas

Texas SBA 7A Banks