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December 22, 2024  
 
 
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Requirements for Small Business Owners On Getting a Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Concrete Contractors

Looking for small business loans for concrete contractors? Try the SBA. This $32,800 concrete contractors loan was issued by a Texas bank.

Getting a small business loan in Louisville, Kentucky was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Houston, Texas. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: CONCRETE CONTRACTORS
LOUISVILLE, KY 40219

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

6/18/2001

Loan Approval Gross Amount

$32,800

Loan Approval from the SBA

Of the total $32,800 loan amount, the SBA guaranteed $16,400.

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 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.

Next Steps for Getting an SBA Loan

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $32,800 loan. Remember, where there is a will, there is a way!

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.

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