Pinnacle Gymnastics & Trampoline Inc
Pinnacle Gymnastics & Trampoline Inc is a sports and recreation instruction business in Medina, Ohio. It was approved for an SBA 504 loan that financed real estate or equipment through an SBA 504 loan of $1,853,000, with Westfield Bank as the lending bank and Cascade Capital Corporation as the certified development company, with approval dated September 8, 2025.
SBA 504 loan, approved Sep 8, 2025
$1,853,000 SBA portionCDC: Cascade Capital Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,853,000
- Bank portion
- $2,587,394
- Estimated project size
- $4,933,771 (estimated)
- Estimated owner equity
- $493,377 (estimated, about 10% of the project)
- Bank lender
- Westfield Bank, Westfield, MA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- September 8, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 611620, Sports and Recreation Instruction
- Project location
- Medina County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-7
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 60% of expansion loans in Sports and Recreation Instruction on this site.
- Average expansion loan in Sports and Recreation Instruction: $1,653,800.
- Average expansion loan in Ohio: $2,096,556.
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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