Queensboro Industries Inc.
Queensboro Industries Inc. is a business in Reno, Nevada, classified under All Other Miscellaneous Textile Product Mills (NAICS 314999). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,502,000, approved on June 11, 2025, with TowneBank as the lending bank and Nevada State Development Corporation as the certified development company.
SBA 504 loan, approved Jun 11, 2025
$1,502,000 SBA portionCDC: Nevada State Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,502,000
- Bank portion
- $1,807,420
- Estimated project size
- $3,677,133 (estimated)
- Estimated owner equity
- $367,713 (estimated, about 10% of the project)
- Bank lender
- TowneBank, Portsmouth, VA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 11, 2050 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 314999, All Other Miscellaneous Textile Product Mills
- Project location
- Washoe County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in All Other Miscellaneous Textile Product Mills: $1,881,500.
- Average expansion loan in Nevada: $2,098,935.
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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