From Classroom to Construction: Chris’s Journey

From Classroom to Construction: Chris’s Journey


Meet Chris, an Employee-Owner at Ancon Construction, with over five years of experience. His path to construction began with a career in education, teaching geometry, physics, and chemistry at the high school level. Reflecting on his time in education, Chris acknowledges the challenges teachers face, including managing behaviors and technology distractions, while deeply respecting their vital role in shaping young minds.

With his educational background, Chris decided to embrace a new adventure in construction. At Ancon, he found a supportive environment to learn and grow, gaining valuable insights from colleagues both in the office and on-site. These mentors played a crucial role in shaping his development as a project manager, navigating the complexities of commercial construction. This career change shows how valuable it is to seize opportunities and be adaptable.

“Chris is a great asset to Ancon and our project management team.  He has been instrumental in strengthening our team, leveraging his teaching background to support new members joining Ancon. He has a great career ahead of him, and we are fortunate to have him at Ancon,” shares Doug VonGunten, the President of Ancon Construction.

“Ancon is an amazing place to work because of the people and the environment,” shares Chris Morrical. “We put in hard work, but we also take time to celebrate our successes, get to know each other personally, and have fun. I love that my job provides new experiences and challenges every day. No two projects are exactly the same, leading to tons of opportunities to learn and grow.”

To Chris, project management is more than just overseeing construction sites; it involves navigating each unique challenge across diverse projects, demanding attention to detail and skillful coordination from start to finish. He emphasizes Ancon’s culture and reflects on a favorite project, Shady Creek Winery, notable for its unique design elements and resilience during the COVID-19 pandemic. He takes great pride in fostering the lasting relationships he has developed with key Ancon clients like Goodwill, Heart City Health, and Dental Care Alliance. He shares, “Being able to carry on relationships that Ancon has had for years or decades is a true honor!”

To new Ancon recruits, Chris offers valuable advice: “Never be afraid to ask questions. The vast majority of people you’ll interact with on a daily basis are more than happy to share their knowledge and experiences, which is the best way to learn and develop in any new position.”

Chris Morrical’s journey demonstrates the importance of embracing change, seeking mentorship, and seizing opportunities for growth in one’s career.

Thank you, Chris, for boldly transitioning from teaching to commercial construction. We’re proud to have you as a valuable member of our team and part of the Ancon Family of Employee-Owners.

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561,, or visit

Urban Environmental Stewardship Award

Urban Environmental Stewardship Award


Congratulations to Lloyd Yoder from Ancon Construction for receiving the 2023 Urban Environmental Stewardship Award!

Lloyd was honored last week at the Elkhart County Soil and Water Conservation District for his outstanding work on two projects with Elkhart County, with most of his time spent on the new Consolidated Courts project. His dedication to project meetings and positive attitude were recognized by county officials.

Well done, Lloyd!

About Ancon Construction:
Ancon Construction is a leading commercial design-build contractor offering services such as planning, architectural design, construction, remodeling, and maintenance. Headquartered in Goshen, Indiana, the company is 100% employee-owned and has been a cornerstone of the Michiana community’s architectural and construction landscape since 1975.

For more information about Ancon Construction, contact Amy Self, Ancon Construction’s Marketing Manager, at 574.533.9561,, or visit

What Do Banks Like To See When Asking For A Commercial Construction Loan?

What Do Banks Like To See When Asking For A Commercial Construction Loan?


What do banks like to see when asking for a commercial construction loan?


If you’re planning to build a commercial property or undertake a major renovation project, you’ll likely need to secure financing through a commercial construction loan. These loans are specifically designed to cover the costs associated with commercial building projects and require a different set of documentation and requirements than a traditional business loan.

Here are some of the key factors that banks typically look for when considering a commercial construction loan application:

  1. A strong business plan: Banks will want to see a detailed business plan that outlines your project’s scope, including blueprints, architectural drawings, permits, contractor bids, and timelines. This plan should also include a detailed breakdown of the costs involved in the project, as well as an estimate of the property’s value upon completion.
  2. Strong credit history: As with any loan application, banks will want to see a solid credit history demonstrating your ability to make timely payments and manage debt responsibly. A high credit score and a low debt-to-income ratio can help increase your chances of being approved for a commercial construction loan.
  3. Adequate collateral: Commercial construction loans are typically considered riskier than traditional business loans, so banks may require additional collateral to secure the loan. This could include a lien on the property or other assets, such as a vehicle or investment account.
  4. Sufficient cash reserves: Banks will also want to see that you have enough cash reserves to cover unexpected expenses that may arise during the construction process. This could include things like delays in construction, unexpected material costs, or changes to the scope of the project.
  5. Experienced contractor: Banks will want to see that you’re working with an experienced and reputable contractor who has a track record of successfully completing similar projects. They typically require that the contractor be licensed and insured. Completing schematic drawings and understanding the actual construction cost can save time and additional questions from the bank’s underwriters. These documents should be included with your loan application.
  6. Proven track record: If you’re an established business owner, banks will want to see a proven track record of successful projects and profitability. This can help assure the lender that you have the experience and financial stability to manage a large-scale construction project.
  7. Projected cash flow: Banks will want to see that the property will generate sufficient cash flow to cover loan payments and operating expenses once the construction is complete. This could include projections of future rental income, sales revenue, or other revenue streams.

Securing a commercial construction loan requires a thorough and detailed application process. By working with a knowledgeable lender and providing all the necessary documentation and requirements, you can increase your chances of being approved for a commercial construction loan and successfully completing your building or renovation project.

Ancon Construction would love to help answer your commercial construction loan questions and learn more about your vision. A 100% Employee-Owned True Design-Build Construction firm since 1975. 

Let’s get your project started…together.

A Comprehensive Guide to Financing Your Commercial Construction

A Comprehensive Guide to Financing Your Commercial Construction


Financing Your Commercial Construction Project


Expanding businesses often consider commercial construction projects as a means to create new job opportunities and bring innovative concepts to fruition. However, the cost of such projects can be a major obstacle. Finding the right financing option is crucial to ensure their success.

Luckily, there are countless financing options at your disposal when it comes to commercial construction projects. This article will delve into the most popular methods of financing these projects, with the goal of empowering you to choose the option that best suits your needs.


Traditional Bank Loans
A traditional bank loan is one of the most common ways to finance commercial construction projects. These loans typically have lower interest rates and longer repayment terms than other types of loans. However, they may require a significant down payment, collateral, and a solid credit score to qualify.

SBA Loans
SBA (Small Business Administration) loans are government-backed loans specifically designed to help small businesses, including those in the construction industry. These loans have lower interest rates and longer repayment terms than traditional bank loans, making them a popular choice for financing commercial construction projects.

Construction Loans
Construction loans are a type of short-term loan that is specifically designed to finance the construction of a commercial property. These loans are typically used to cover the cost of materials, labor, and other expenses associated with the construction process. Once the construction is completed, the borrower will need to refinance the loan or pay it off in full.

Crowdfunding has become an increasingly popular way to finance commercial construction projects in recent years, bypassing traditional sources like friends, family, and banks.  This method involves soliciting small contributions from many investors, typically utilizing various websites and social media platforms to showcase project details and attract potential investors. While this method can be effective, it typically requires a significant amount of time and effort to raise the necessary funds.

Private Equity
Private equity is another option for financing commercial construction projects. This method involves raising funds from private investors, who will then take an ownership stake in the project. Private equity investors typically require a high rate of return on their investment, so this method can be expensive. However, it can also be an effective way to secure funding for larger projects.

Mezzanine Financing
Mezzanine financing is a type of debt financing that combines elements of both debt and equity financing. This method involves raising funds by issuing debt that is subordinate to other types of debt, such as bank loans. Mezzanine financing typically has higher interest rates than other types of debt financing but may be easier to obtain.


There are many different ways to finance commercial construction projects, each with its own benefits and drawbacks. Carefully consider all available options and choose the one that best fits the project’s specific needs. Working with a financial advisor or commercial construction expert can help ensure that the project is financed appropriately and successfully completed. Fortunately, you don’t have to navigate this process alone. Ancon Construction is a valuable partner in this process, with extensive experience and a network of experts in commercial construction financing – ensuring your project’s success.

Established in 1975, Ancon Construction has been a trusted name in the construction industry for over four decades. As a 100% employee-owned company, we take immense pride in our expertise, commitment to excellence, and innovative approach to construction projects. When you choose Ancon Construction, you’re not just partnering with a company; you’re partnering with a team of dedicated professionals who share your vision for success. As leaders in the construction industry, we offer comprehensive construction services to bring your vision to life. Our team of skilled professionals will collaborate with you every step of the way, providing expert guidance and delivering high-quality results that exceed your expectations.

Navigating the complex landscape of commercial construction financing requires careful consideration of options, professional advice, and the support of experts like Ancon Construction to streamline the process. Ready to get your project started? Contact Ancon Construction today, and together, let’s build a successful future!


30 years of dedication and hard work

30 years of dedication and hard work

Meet Ken – 30 years of dedication and hard work

Ken is celebrating being an employee-owner at Ancon Construction for 30 years on October 25th. His journey began when he started as a laborer on the concrete crew. Prior to joining Ancon, Ken had a brief experience building furniture after coming home from the military. A year into furniture building, Ken knew the job wasn’t the right fit for him. With the economic recession in full swing, jobs were hard to come by, so he started working for a temp company. One day, when Ken was on break, he noticed Ancon Construction was across the street building a project. Ken decided he’d give them a call. Shortly after that, both he and his brother started working for Ancon Construction.

Ken’s commitment to Ancon Construction is evident in his long tenure and loyalty. He values Ancon’s commitment to its employees. Ken reflects, “Ancon is very good about caring about their people. There is no other company like our company. Ancon wants to make sure you have a future, and they do that with stock – all of us being employee-owners.”

Ken’s role has evolved over the years, transitioning from a laborer to operating heavy equipment after 15 years. Subsequently, he became a finisher and form carpenter, showcasing his adaptability. “My job has changed a lot in 30 years. And I have learned a lot of new skills. Over the years, I have learned how to operate all different kinds of equipment on the job. You can’t be afraid to learn something new and continue to adapt and take on new challenges.”

Ken also appreciates the diverse projects and locations Ancon offers, emphasizing the company’s unique qualities. He takes pride in his work. “I like to do projects the right way – I’m a perfectionist.”

There are two things Ken shared he really likes about this type of work:

  1. Each project is different. You might be pouring another footing, but it’s not the same footing you did on the last project.
  2. You are in a different area and a different climate.

Ken said his most memorable project was the Ross Laboratories (formally Abbott) built in Michigan back in the early 90’s. It was a huge project, and he remembers how bitterly cold and snowy that winter was. The project was long, work hours were long, and the project involved a lot of concrete work.

Ken’s 30-year journey at Ancon Construction reflects his dedication, adaptability, and appreciation for the company’s values and opportunities for its employees.

Thank you, Ken, for 30 years of being a dedicated, hard-working Employee-Owner!