Jonic Glass, Inc.
Jonic Glass, Inc. is a glass and glazing contractor in Phoenix, Arizona, classified under NAICS code 238150. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1.26 million, approved on June 4, 2025, through the lender America First Federal Credit Union and the certified development company The Mortgage Capital Development Corporation.
SBA 504 loan, approved Jun 4, 2025
$1,260,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,260,000
- Bank portion
- $2,131,500
- Estimated project size
- $3,768,333 (estimated)
- Estimated owner equity
- $376,833 (estimated, about 10% of the project)
- Bank lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 4, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238150, Glass and Glazing Contractors
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-7
- Collateral
- Yes
Estimated share of project by source
Bank 57% SBA (CDC) 33% Owner 10%
- Larger than 30% of expansion loans in Glass and Glazing Contractors on this site.
- Average expansion loan in Glass and Glazing Contractors: $1,442,400.
- Average expansion loan in Arizona: $2,074,452.
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 Arizona
- Glass Unlimited, Inc., Tucson
- Naz Cgc LLC, Prescott Valley
- SGSI, Inc., Phoenix