Borrowing Money for Concrete Contractors

Looking for loans for concrete contractors? An SBA loan may be just what you've been looking for. This $50,000 concrete contractors loan was issued by a Maine bank.

Getting a small business loan in Wells (rr Name Wells Beach (st, Maine was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Kennebunk Savings Bank, operating out of Kennebunk, Maine. Here are the details on this Maine small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE CONTRACTORS
WELLS (RR NAME WELLS BEACH (ST, ME 04090

SBA Loan Lender

KENNEBUNK SAVINGS BANK
104 MAIN ST
KENNEBUNK, ME 04043

The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

235710 - Concrete Contractors

Loan Approval Date

2/8/2001

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Kennebunk Savings Bank 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:

Advice on Getting a Small Business Loan

SBA Participating Banks in Kennebunk, Maine

Maine SBA 7A Banks