Nationwide-360
Nationwide-360, located in Hauppauge, NY, operates in sign manufacturing. The company financed real estate or equipment through an SBA 504 loan of $5.5 million, approved on October 9, 2024, with Bank of America N.A. as the lender and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Oct 9, 2024
$5,500,000 SBA portionCDC: Empire State Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $6,500,000
- Estimated project size
- $13,333,333 (estimated)
- Estimated owner equity
- $1,333,333 (estimated, about 10% of the project)
- Bank lender
- Bank of America N.a., Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 9, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 339950, Sign Manufacturing
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 91% of expansion loans in Sign Manufacturing on this site.
- Average expansion loan in Sign Manufacturing: $2,263,909.
- Average expansion loan in New York: $2,225,161.
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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