Architectural Outfitters
Architectural Outfitters, located in Richmond, VA, operates in the finish carpentry contractors industry (NAICS 238350). The company financed real estate or equipment through an SBA 504 loan of $1,047,000, with the SBA portion approved on May 22, 2025, by lender TowneBank and certified development company Business Finance Group, Inc.
SBA 504 loan, approved May 22, 2025
$1,047,000 SBA portionCDC: Business Finance Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,047,000
- Bank portion
- $1,275,000
- Estimated project size
- $2,580,000 (estimated)
- Estimated owner equity
- $258,000 (estimated, about 10% of the project)
- Bank lender
- TowneBank, Portsmouth, VA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 22, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 43
- Business type
- Corporation
- NAICS
- 238350, Finish Carpentry Contractors
- Project location
- Henrico County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Finish Carpentry Contractors: $2,311,818.
- 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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Same industry in Virginia
- Virginia Deck Pros, Inc., Virginia Beach