Boulder Sports Recycler LLC
Boulder Sports Recycler LLC is a business in Boulder, Colorado, classified under the industry Used Merchandise Retailers. The company financed real estate or equipment through an SBA 504 loan of $1,304,000, approved on May 15, 2024, with Elevations Credit Union as the lender and B:Side Capital as the certified development company. The loan is reported as supporting 5 jobs.
SBA 504 loan, approved May 15, 2024
$1,304,000 SBA portionCDC: B:Side Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,304,000
- Bank portion
- $1,575,000
- Estimated project size
- $3,198,889 (estimated)
- Estimated owner equity
- $319,889 (estimated, about 10% of the project)
- Bank lender
- Elevations Credit Union, Boulder, CO
- 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
- Sep 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 459510, Used Merchandise Retailers
- Project location
- Boulder County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Used Merchandise Retailers: $1,358,250.
- 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.
Is this your company? Claim or correct this listing. See Corrections.