Craftco Metals Services Incorporated
Craftco Metals Services Incorporated is located in Sheridan, WY, and the SBA lists its industry as Other Metal Valve and Pipe Fitting Manufacturing. It was approved for an SBA 504 loan ($1,069,000 SBA portion) on February 1, 2024 to finance real estate or equipment.
SBA 504 loan, approved Feb 1, 2024
- SBA (CDC) portion
- $1,069,000
- Bank portion
- $1,038,245
- Estimated project size
- $2,341,383 (estimated)
- Estimated owner equity
- $234,138 (estimated, about 10% of the project)
- Bank lender
- Glacier Bank, Kalispell, MT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 1, 2049 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 34
- Business type
- LLC or partnership
- NAICS
- 332919, Other Metal Valve and Pipe Fitting Manufacturing
- Project location
- Sheridan County, WY
- SBA district office
- Wyoming District Office
- Congressional district
- WY-0
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Other Metal Valve and Pipe Fitting Manufacturing: $2,102,250.
- Average expansion loan in Wyoming: $1,983,000.
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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