MPRX Holdings, LLC
MPRX Holdings, LLC is located in Minooka, IL, and the SBA lists its industry as Railroad Rolling Stock Manufacturing. It was approved for an SBA 504 loan ($1,546,000 SBA portion) on October 4, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 4, 2023
- SBA (CDC) portion
- $1,546,000
- Bank portion
- $1,520,000
- Estimated project size
- $3,406,667 (estimated)
- Estimated owner equity
- $340,667 (estimated, about 10% of the project)
- Bank lender
- Old Second National Bank, Aurora, IL
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- October 4, 2048 (estimated, approval date plus term)
- First disbursement
- Dec 13, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 336510, Railroad Rolling Stock Manufacturing
- Project location
- Grundy County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-11
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Average expansion loan in Railroad Rolling Stock Manufacturing: $1,546,000.
- 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.
Is this your company? Claim or correct this listing. See Corrections.