Main Street Registry

Asa Foods Inc.

Littleton, CO · Other Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990

Asa Foods Inc. is a business in Littleton, Colorado, in the industry of other miscellaneous durable goods merchant wholesalers (NAICS 423990). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,263,000, approved on August 23, 2024, through Busey Bank and the certified development company Mountain West Small Business Finance.

SBA 504 loan, approved Aug 23, 2024

$2,263,000 SBA portionCDC: Mountain West Small Business Finance25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,263,000
Bank portion
$3,178,700
Estimated project size
$6,046,333 (estimated)
Estimated owner equity
$604,633 (estimated, about 10% of the project)
Bank lender
Busey Bank, Champaign, IL
CDC
Mountain West Small Business Finance
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 23, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
2
Business type
Corporation
NAICS
423990, Other Miscellaneous Durable Goods Merchant Wholesalers
Project location
Jefferson County, CO
SBA district office
Colorado District Office
Congressional district
CO-1
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 55% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
  • Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
  • 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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Same industry in Colorado