Storetek Crystal Parkway LLC
Storetek Crystal Parkway LLC is an engineering services business in Tallmadge, Ohio, operating in the industry classified under NAICS code 541330. The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,893,000, provided by Cascade Capital Corporation, with approval dated June 4, 2024. The loan was reported as supporting 8 jobs.
SBA 504 loan, approved Jun 4, 2024
$1,893,000 SBA portionCDC: Cascade Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,893,000
- Bank portion
- $1,000,000
- Estimated project size
- $3,214,444 (estimated)
- Estimated owner equity
- $321,444 (estimated, about 10% of the project)
- Bank lender
- Cascade Capital Corporation, Akron, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- June 4, 2049 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 541330, Engineering Services
- Project location
- Summit County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-13
- Collateral
- Yes
Estimated share of project by source
Bank 31% SBA (CDC) 59% Owner 10%
- Larger than 55% of expansion loans in Engineering Services on this site.
- Average expansion loan in Engineering Services: $2,057,515.
- 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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