PriceCo Floors Inc.
PriceCo Floors Inc. is a business in Laurel, Maryland, in the All Other General Merchandise Retailers industry (NAICS 455219). The company financed real estate or equipment through an SBA 504 loan in the amount of $1,721,000, approved on June 17, 2025, with Bank of America N.A. as the lending bank and Rappahannock Economic Development Corporation as the certified development company.
SBA 504 loan, approved Jun 17, 2025
$1,721,000 SBA portionCDC: Rappahannock Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,721,000
- Bank portion
- $2,100,000
- Estimated project size
- $4,245,556 (estimated)
- Estimated owner equity
- $424,556 (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
- June 17, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 455219, All Other General Merchandise Retailers
- Project location
- Howard County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 64% of expansion loans in All Other General Merchandise Retailers on this site.
- Average expansion loan in All Other General Merchandise Retailers: $2,003,182.
- Average expansion loan in Maryland: $2,350,795.
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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