Acm Grinding, Inc.
Acm Grinding, Inc. is located in San Jose, CA, and the SBA lists its industry as All Other Miscellaneous General Purpose Machinery Manufacturing. It was approved for an SBA 504 loan ($1,185,000 SBA portion) on July 22, 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 |
|---|---|---|---|---|---|---|---|---|
| Jul 22, 2024 | $1,185,000 | $1,483,200 | $2,964,667 (estimated) | Bank of America, National Association | The Mortgage Capital Development Corporation | 25 years | 1 | Status not reported (SBA exemption) |
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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