Glacier Environmental Services, Inc.
Glacier Environmental Services, Inc. is a business in Edmonds, WA, in the All Other Specialty Trade Contractors industry (NAICS 238990). The company financed real estate or equipment through an SBA 504 loan of $1,134,000 from Evergreen Business Capital, with KeyBank National Association as the bank partner, with approval dated March 26, 2024.
SBA 504 loan, approved Mar 26, 2024
$1,134,000 SBA portionCDC: Evergreen Business Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,134,000
- Bank portion
- $1,377,000
- Estimated project size
- $2,790,000 (estimated)
- Estimated owner equity
- $279,000 (estimated, about 10% of the project)
- Bank lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 26, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 13% of expansion loans in All Other Specialty Trade Contractors on this site.
- Average expansion loan in All Other Specialty Trade Contractors: $1,769,072.
- Average expansion loan in Washington: $2,234,716.
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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