Raising Money for Site Preparation Contractors

With these business loans for site preparation contractors, the SBA guarantees the lender that the loan will be repaid. This site preparation contractors loan for $23,200 was given to a Kentucky entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Union, Kentucky was able to borrow $23,200 from First Financial Bank. The SBA made the loan possible by guaranteeing $11,600 of this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
UNION, KY 41091

SBA Loan Lender

FIRST FINANCIAL BANK
205 MAIN AVE WEST
TWIN VALLEY, MN 56584

The lender provided this debt financing 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

238910 - Site Preparation Contractors

Loan Approval Date

9/15/2006

Loan Approval Gross Amount

$23,200

Loan Approval from the SBA

Of the total $23,200 loan amount, the SBA guaranteed $11,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help create 1 new job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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