The Williams Brothers Corporation of America
The Williams Brothers Corporation of America, located in Front Royal, Virginia, operates in the Other Construction Material Merchant Wholesalers industry (NAICS 423390). The company financed real estate or equipment through an SBA 504 loan of $1.24 million, approved on June 26, 2024, with The Huntington National Bank as the lender and 504 Capital Corporation as the certified development company.
SBA 504 loan, approved Jun 26, 2024
$1,240,000 SBA portionCDC: 504 Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,240,000
- Bank portion
- $1,815,660
- Estimated project size
- $3,395,178 (estimated)
- Estimated owner equity
- $339,518 (estimated, about 10% of the project)
- Bank lender
- The Huntington National Bank, Columbus, OH
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- June 26, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 423390, Other Construction Material Merchant Wholesalers
- Project location
- Warren County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-5
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Average expansion loan in Other Construction Material Merchant Wholesalers: $2,199,000.
- Average expansion loan in Virginia: $1,938,955.
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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