Main Street Registry

Metal Mart Rancho Cordova Inc.

Rancho Cordova, CA · Other Building Material Dealers · NAICS 444180

Metal Mart Rancho Cordova Inc. is a business in Rancho Cordova, California, classified under the NAICS code for Other Building Material Dealers. The company financed real estate or equipment through an SBA 504 loan of $1,538,000, with JPMorgan Chase Bank, National Association as the bank lender and Bay Area Employment Development Company as the certified development company, approved on July 19, 2024.

SBA 504 loan, approved Jul 19, 2024

$1,538,000 SBA portionCDC: Bay Area Employment Development Company25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,538,000
Bank portion
$1,875,000
Estimated project size
$3,792,222 (estimated)
Estimated owner equity
$379,222 (estimated, about 10% of the project)
Bank lender
JPMorgan Chase Bank, National Association, Columbus, OH
CDC
Bay Area Employment Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 19, 2049 (estimated, approval date plus term)
First disbursement
Nov 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
444180, Other Building Material Dealers
Project location
Sacramento County, CA
SBA district office
Sacramento District Office
Congressional district
CA-7
Collateral
Yes

Estimated share of project by source

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

  • Larger than 42% 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 California: $2,161,468.

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 California