Main Street Registry

Golden Transportation Inc.

West Lafayette, IN · General Freight Trucking, Local · NAICS 484110

Golden Transportation Inc. is a business in West Lafayette, Indiana, in the General Freight Trucking, Local industry (NAICS 484110). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2.8 million, approved on July 2, 2024, through First Financial Bank.

SBA 7(a) loan, change of ownership, approved Jul 2, 2024

$2,800,000 approvedLender: First Financial Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,800,000
SBA-guaranteed amount
$2,100,000 (75% of the approval)
Lender
First Financial Bank, El Dorado, AR
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
July 2, 2034 (estimated, approval date plus term)
Estimated monthly payment
$36,231 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 26, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
36
Business type
Corporation
NAICS
484110, General Freight Trucking, Local
Project location
Tippecanoe County, IN
SBA district office
Indiana District Office
Congressional district
IN-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 84% of acquisition loans in General Freight Trucking, Local on this site.
  • Average acquisition loan in General Freight Trucking, Local: $1,691,140.
  • Average acquisition loan in Indiana: $1,995,900.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Indiana