Westchester Metal Works Inc.
Westchester Metal Works Inc. is a structural steel and precast concrete contractor located in Bedford Hills, New York. The company was approved for an SBA 504 loan of $2,498,000 to finance real estate or equipment through an SBA 504 loan, with Ives Bank as the lender and Trenton Business Assistance Corporation as the certified development company, with approval dated June 29, 2026.
SBA 504 loan, approved Jun 29, 2026
$2,498,000 SBA portionCDC: Trenton Business Assistance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,498,000
- Bank portion
- $2,430,000
- Estimated project size
- $5,475,556 (estimated)
- Estimated owner equity
- $547,556 (estimated, about 10% of the project)
- Bank lender
- Ives Bank, Danbury, CT
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- June 29, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238120, Structural Steel and Precast Concrete Contractors
- Project location
- Westchester County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-18
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Structural Steel and Precast Concrete Contractors: $2,672,667.
- Average expansion loan in New York: $2,225,161.
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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