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May 7, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Louisville, Business Loans > Fifth Third Bank Louisville Business Loans > Concrete Work Loan | ||||
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Shepherdsville, Kentucky Bank Loan
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SBA Loans for Poured Concrete Foundation and Structure ContractorsLooking 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 SBA Loan Lender FIFTH THIRD BANK 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: Find an SBA Lender in Louisville, Kentucky
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