Avalon International Aluminum LLC
Avalon International Aluminum LLC, located in Walnut, Mississippi, is classified under NAICS 332999 for all other miscellaneous fabricated metal product manufacturing. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,769,000, approved on December 11, 2024, with Harvest Commercial Capital, LLC as the lender and Three Rivers Local Development Company, Inc. as the certified development company.
SBA 504 loan, approved Dec 11, 2024
$2,769,000 SBA portionCDC: Three Rivers Local Development Company, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,769,000
- Bank portion
- $5,201,000
- Estimated project size
- $8,855,556 (estimated)
- Estimated owner equity
- $885,556 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- December 11, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 332999, All Other Miscellaneous Fabricated Metal Product Manufacturing
- Project location
- Tippah County, MS
- SBA district office
- Mississippi District Office
- Congressional district
- MS-1
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 59% of expansion loans in All Other Miscellaneous Fabricated Metal Product Manufacturing on this site.
- Average expansion loan in All Other Miscellaneous Fabricated Metal Product Manufacturing: $2,573,206.
- Average expansion loan in Mississippi: $3,137,429.
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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