Armstrong Steel Corporation
Armstrong Steel Corporation, located in Englewood, Colorado, operates in prefabricated metal building and component manufacturing. The company was approved for an SBA 504 loan to finance real estate or equipment, with an SBA portion of $2,774,000 and a separate bank portion, through KeyBank National Association and Mountain West Small Business Finance, with the approval dated September 8, 2025.
SBA 504 loan, approved Sep 8, 2025
$2,774,000 SBA portionCDC: Mountain West Small Business Finance20 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,774,000
- Bank portion
- $3,387,955
- Estimated project size
- $6,846,617 (estimated)
- Estimated owner equity
- $684,662 (estimated, about 10% of the project)
- Bank lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- September 8, 2045 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 332311, Prefabricated Metal Building and Component Manufacturing
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Prefabricated Metal Building and Component Manufacturing: $1,932,857.
- Average expansion loan in Colorado: $2,096,252.
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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