Where to Get Capital for Poured Concrete Foundation and Structure Contractors

Looking for SBA loans for poured concrete foundation and structure contractors? An SBA loan may be just what you've been looking for. This $937,185 poured concrete foundation and structure contractors loan was issued by a Texas bank.

This business knew how to go about getting a business bank loan. Based in Justin, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First National Bank - Burleson, based in Burleson, Texas.

SBA Loan Borrower

COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS
JUSTIN, TX 76247

SBA Loan Lender

FIRST NATIONAL BANK - BURLESON
899 NE ALSBURY & I-35
BURLESON, TX 76028

This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

12/17/2004

Loan Approval Gross Amount

$937,185

Loan Approval from the SBA

Of the total $937,185 loan amount, the SBA guaranteed $702,889.

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 10 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Burleson 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:

Obtaining Funding - Friends and Family

Find an SBA Lender in Burleson, Texas

Texas SBA Bank Lenders