Aaction Rents
Aaction Rents is located in Sacramento, CA, and the SBA lists its industry as Other Commercial and Industrial Machinery and Equipment Rental and Leasing. It was approved for an SBA 504 loan ($1,216,000 SBA portion) on June 24, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jun 24, 2024 | $1,216,000 | $1,480,000 | $2,995,556 (estimated) | Bank of America N.a. | Business Finance Capital | 25 years | 15 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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