Goodman Ag Supply, Inc.
Goodman Ag Supply, Inc. is located in El Paso, TX, and the SBA lists its industry as Farm and Garden Machinery and Equipment Merchant Wholesalers. It was approved for an SBA 504 loan ($1,284,000 SBA portion) on March 1, 2024 to finance real estate or equipment.
SBA 504 loan, approved Mar 1, 2024
- SBA (CDC) portion
- $1,284,000
- Bank portion
- $1,566,015
- Estimated project size
- $3,166,683 (estimated)
- Estimated owner equity
- $316,668 (estimated, about 10% of the project)
- Bank lender
- First New Mexico Bank Las Cruces, Las Cruces, NM
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- March 1, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 423820, Farm and Garden Machinery and Equipment Merchant Wholesalers
- Project location
- El Paso County, TX
- SBA district office
- El Paso District Office
- Congressional district
- TX-16
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Farm and Garden Machinery and Equipment Merchant Wholesalers: $2,705,000.
- Average expansion loan in Texas: $2,316,979.
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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