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Armored Investments L.L.C.

Rogers, MN · Residential Remodelers · NAICS 236118

Armored Investments L.L.C. is a residential remodeler located in Rogers, Minnesota, classified under NAICS code 236118. The company was approved for an SBA 504 loan, which financed real estate or equipment through an SBA 504 loan, with an SBA portion of $1,500,000 from Midwest Business Finance Corporation and a bank portion from Bravera Bank, with approval dated March 13, 2025.

SBA 504 loan, approved Mar 13, 2025

$1,500,000 SBA portionCDC: Midwest Business Finance Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,500,000
Bank portion
$1,823,650
Estimated project size
$3,692,944 (estimated)
Estimated owner equity
$369,294 (estimated, about 10% of the project)
Bank lender
Bravera Bank, Dickinson, ND
CDC
Midwest Business Finance Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 13, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
10
Business type
Corporation
NAICS
236118, Residential Remodelers
Project location
Hennepin County, MN
SBA district office
Minnesota District Office
Congressional district
MN-3
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 62% of expansion loans in Residential Remodelers on this site.
  • Average expansion loan in Residential Remodelers: $1,748,524.
  • Average expansion loan in Minnesota: $2,136,981.

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 Minnesota