6921 Lowell Blvd LLC
6921 Lowell Blvd LLC, located in Westminster, CO, operates in the poured concrete foundation and structure contractors industry (NAICS 238110). The company financed real estate or equipment through an SBA 504 loan of $1,565,000, with the loan approved on May 15, 2024, through Highmark FCU and Mountain West Small Business Finance.
SBA 504 loan, approved May 15, 2024
$1,565,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,565,000
- Bank portion
- $1,902,250
- Estimated project size
- $3,852,500 (estimated)
- Estimated owner equity
- $385,250 (estimated, about 10% of the project)
- Bank lender
- Highmark FCU, Rapid City, SD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 15, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238110, Poured Concrete Foundation and Structure Contractors
- Project location
- Adams County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 42% of expansion loans in Poured Concrete Foundation and Structure Contractors on this site.
- Average expansion loan in Poured Concrete Foundation and Structure Contractors: $1,960,000.
- Average expansion loan in Colorado: $2,096,252.
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 Colorado
- R&R Glass Inc, Longmont