North American Tapes LLC
North American Tapes LLC is located in Watertown, New York, and operates in the All Other Plastics Product Manufacturing industry (NAICS 326199). The company financed real estate or equipment through an SBA 504 loan of $1,441,000 approved on June 7, 2024, with KeyBank National Association as the lender and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jun 7, 2024
$1,441,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,441,000
- Bank portion
- $1,759,314
- Estimated project size
- $3,555,904 (estimated)
- Estimated owner equity
- $355,590 (estimated, about 10% of the project)
- Bank lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 7, 2049 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 326199, All Other Plastics Product Manufacturing
- Project location
- Jefferson County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-21
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 9% of expansion loans in All Other Plastics Product Manufacturing on this site.
- Average expansion loan in All Other Plastics Product Manufacturing: $3,072,957.
- 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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