Cypress Construction & Coating Inc.

5565 Lee Street Unit 1, Lehigh Acres, FL 33971 · Other Heavy and Civil Engineering Construction (NAICS 237990)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$1.8M

Jobs Supported

142

Years Active

2016–2025

Loan History (3)

Source: SBA FOIA
7(a)$500,000
Cancelled
Approved
Mar 25, 2025 (FY2025)
SBA Guaranteed
$375,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.25%
Revolver
0
Jobs Supported
52
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Other Heavy and Civil Engineering Construction (NAICS 237990)

Lender

Readycap Lending, Llc

200 Connell Drive, Berkeley Heights, NJ 7922

Project Location

Lee County, FL

7(a)$500,000
Exempt
Approved
May 22, 2025 (FY2025)
SBA Guaranteed
$375,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
52
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Industrial Building Construction (NAICS 236210)

Lender

Grasshopper Bank National Association

261 5th Ave, Ste 610, New York, NY 10016

Project Location

Lee County, FL

7(a)$831,000
Paid in Full
Approved
Nov 3, 2015 (FY2016)
SBA Guaranteed
$623,250 (75%)
Term
120 months (10.0 yrs)
Interest Rate
5.00%
Revolver
0
Jobs Supported
38
Business Type
Corporation
Industry
Commercial and Institutional Building Construction (NAICS 236220)
Paid in Full
Jul 31, 2022

Lender

First Horizon Bank

165 Madison Ave, Memphis, TN 38103

Project Location

Lee County, FL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
237990 Other Heavy and Civil Engineering Construction
Address
5565 Lee Street Unit 1
Lehigh Acres, FL 33971

Lenders

Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
Grasshopper Bank National Association
261 5th Ave, Ste 610, New York, NY 10016
First Horizon Bank
165 Madison Ave, Memphis, TN 38103

Other SBA Borrowers in Lehigh Acres

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