SME Manufacturing Inc

SBA (CDC) portion

$1,192,000

Bank portion

$1,452,195

Estimated project size

$2,937,994 (estimated)

Estimated owner equity

$293,799 (estimated, about 10% of the project)

Bank lender

JPMorgan Chase Bank, National Association, Columbus, OH

CDC

The Mortgage Capital Development Corporation

Processing method

Accredited Lenders Program: CDC with an expedited SBA review

Term

25 years (300 months)

Estimated maturity

September 13, 2049 (estimated, approval date plus term)

First disbursement

Dec 11, 2024

Loan status

Status not reported (SBA exemption)

Jobs supported

35

Business type

Corporation

NAICS

811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance

Project location

Maricopa County, AZ

SBA district office

Arizona District Office

Congressional district

AZ-3

Collateral

Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

• Larger than 19% of expansion loans in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance on this site.
• Average expansion loan in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: $1,803,500.
• Average expansion loan in Arizona: $2,074,452.

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.