Ellis Equipment, Inc.
Ellis Equipment, Inc. is located in Long Beach, CA, and the SBA lists its industry as Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing. It was approved for an SBA 504 loan ($2,965,000 SBA portion) on September 11, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Sep 11, 2024 | $2,965,000 | $3,620,000 | $7,316,667 (estimated) | First-Citizens Bank & Trust Company | California Statewide Certified Development Corporation | 25 years | 2 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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