Main Street Registry

Graber Building Supply and Hardware, Inc.

Sullivan, IL · Other Building Material Dealers · NAICS 444180

Graber Building Supply and Hardware, Inc. is an other building material dealer in Sullivan, Illinois. The business was financed with an SBA 504 loan that financed real estate or equipment through an SBA 504 loan of $4,335,000, approved on January 15, 2025, through First Mid Bank & Trust, National Association, with Small Business Growth Corporation as the certified development company.

SBA 504 loan, approved Jan 15, 2025

$4,335,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$4,335,000
Bank portion
$5,250,000
Estimated project size
$10,650,000 (estimated)
Estimated owner equity
$1,065,000 (estimated, about 10% of the project)
Bank lender
First Mid Bank & Trust, National Association, Mattoon, IL
CDC
Small Business Growth Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 15, 2050 (estimated, approval date plus term)
First disbursement
May 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
444180, Other Building Material Dealers
Project location
Moultrie County, IL
SBA district office
Illinois District Office
Congressional district
IL-15
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 89% of expansion loans in Other Building Material Dealers on this site.
  • Average expansion loan in Other Building Material Dealers: $2,048,289.
  • Average expansion loan in Illinois: $2,310,827.

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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Same industry in Illinois