Ultra Design Center, L.L.C.
Ultra Design Center, L.L.C. is a hardware merchant wholesaler (NAICS 423710) located in Denver, Colorado. The company financed real estate or equipment through an SBA 504 loan of $4,743,000, approved on July 9, 2024, with Live Oak Banking Company as the lender and B:Side Capital as the certified development company.
SBA 504 loan, approved Jul 9, 2024
$4,743,000 SBA portionCDC: B:Side Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,743,000
- Bank portion
- $6,681,000
- Estimated project size
- $12,693,333 (estimated)
- Estimated owner equity
- $1,269,333 (estimated, about 10% of the project)
- Bank lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 9, 2049 (estimated, approval date plus term)
- First disbursement
- Nov 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 423710, Hardware Merchant Wholesalers
- Project location
- Denver County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-1
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 92% of expansion loans in Hardware Merchant Wholesalers on this site.
- Average expansion loan in Hardware Merchant Wholesalers: $2,647,250.
- Average expansion loan in Colorado: $2,096,252.
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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