Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Shepherdsville, Kentucky Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Poured Concrete Foundation and Structure Contractors

Looking for SBA loans for poured concrete foundation and structure contractors? Try the SBA. This $125,000 poured concrete foundation and structure contractors loan was issued by a Kentucky bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Fifth Third Bank, out of Louisville, Kentucky. The loan was granted and they received $125,000 to help grow their Shepherdsville, Kentucky business.

SBA Loan Borrower

COMPANY TYPE: CONCRETE WORK
SHEPHERDSVILLE, KY 40165

SBA Loan Lender

FIFTH THIRD BANK
401 S 4TH AVE
LOUISVILLE, KY 40202

This lender issued this loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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.

SIC Code

1771 - Concrete Work

NAICS Code

238110 - Poured Concrete Foundation and Structure Contractors

Loan Approval Date

2/24/2005

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $93,750.

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 46 employees. The SBA loan documents did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Debt Financing

Find an SBA Lender in Louisville, Kentucky

Kentucky SBA Banks