American Ergonomic Industries Inc.
American Ergonomic Industries Inc. is located in Corona, California, and its industry is office furniture (except wood) manufacturing under NAICS code 337214. The company was financed with an SBA 7(a) loan for a change of ownership totaling $5 million, approved through City National Bank of Florida on July 24, 2026.
SBA 7(a) loan, change of ownership, approved Jul 24, 2026
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $4,500,000 (90% of the approval)
- Lender
- City National Bank of Florida, Coral Gables, FL
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 24, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $63,338 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 337214, Office Furniture (except Wood) Manufacturing
- Project location
- Riverside County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-42
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Office Furniture (except Wood) Manufacturing: $3,343,333.
- Average acquisition loan in California: $1,688,228.
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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