Idaho Concrete Works, LLC
Idaho Concrete Works, LLC, located in Blackfoot, Idaho, operates in the poured concrete foundation and structure contractors industry (NAICS 238110). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $660,700, approved on May 21, 2025, through Idaho Central CU.
SBA 7(a) loan, change of ownership, approved May 21, 2025
$660,700 approvedLender: Idaho Central CU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $660,700
- SBA-guaranteed amount
- $495,525 (75% of the approval)
- Lender
- Idaho Central CU, Chubbuck, ID
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 21, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,731 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 238110, Poured Concrete Foundation and Structure Contractors
- Project location
- Bingham County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 30% of acquisition loans in Poured Concrete Foundation and Structure Contractors on this site.
- Average acquisition loan in Poured Concrete Foundation and Structure Contractors: $1,469,074.
- Average acquisition loan in Idaho: $1,527,113.
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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