Swanco Holdings, LLC
Swanco Holdings, LLC is located in Oakdale, CA, and the SBA lists its industry as Hardware Retailers. It was approved for an SBA 504 loan ($1,535,000 SBA portion) on January 31, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jan 31, 2024
- SBA (CDC) portion
- $1,535,000
- Bank portion
- $1,875,000
- Estimated project size
- $3,788,889 (estimated)
- Estimated owner equity
- $378,889 (estimated, about 10% of the project)
- Bank lender
- Farmers and Merchants Bank of Central California, Lodi, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 31, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 73
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Franchise
- Ace Hardware
- Project location
- Stanislaus County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-9
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 27% of expansion loans in Hardware Retailers on this site.
- Average expansion loan in Hardware Retailers: $2,383,133.
- Average expansion loan in California: $2,161,468.
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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Same industry in California
- Sherwood Hardware LLC, Chester
- Direct Tools & Fasteners, Inc., Burbank
- Wolf Ace Hardware, Plymouth
- CBM Hardware LLC, San Jose
- My Supply Store LLC, Santa Barbara