Ducts Unlimited Mechanical Systems, Inc.
Ducts Unlimited Mechanical Systems, Inc. is a plumbing, heating, and air-conditioning contractor located in Arvada, Colorado. It financed real estate or equipment through an SBA 504 loan of $2,140,000, approved on February 29, 2024, with BOKF, National Association as the lender.
SBA 504 loan, approved Feb 29, 2024
$2,140,000 SBA portionCDC: B:Side Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,140,000
- Bank portion
- $2,610,000
- Estimated project size
- $5,277,778 (estimated)
- Estimated owner equity
- $527,778 (estimated, about 10% of the project)
- Bank lender
- BOKF, National Association, Tulsa, OK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 28, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Adams County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 69% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
- 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.
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