Main Street Registry

CAC Real Estate, LLC

La Porte, IN · General Freight Trucking, Local · NAICS 484110

CAC Real Estate, LLC is a general freight trucking, local business located in La Porte, Indiana, classified under NAICS code 484110. The company financed real estate or equipment through an SBA 504 loan of $3,027,000 (SBA portion), approved on January 29, 2024, with American Commercial Bank and Trust National Association as the lender and Small Business Growth Corporation as the certified development company.

SBA 504 loan, approved Jan 29, 2024

$3,027,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,027,000
Bank portion
$3,700,000
Estimated project size
$7,474,444 (estimated)
Estimated owner equity
$747,444 (estimated, about 10% of the project)
Bank lender
American Commercial Bank and Trust National Association, Ottawa, IL
CDC
Small Business Growth Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 29, 2049 (estimated, approval date plus term)
First disbursement
Apr 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
484110, General Freight Trucking, Local
Project location
La Porte County, IN
SBA district office
Indiana District Office
Congressional district
IN-1
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 77% of expansion loans in General Freight Trucking, Local on this site.
  • Average expansion loan in General Freight Trucking, Local: $2,373,915.
  • Average expansion loan in Indiana: $2,227,963.

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 Indiana