Authority Machining LLC
Authority Machining LLC is located in Anoka, MN, and the SBA lists its industry as Machine Shops. It was approved for an SBA 504 loan ($1,294,000 SBA portion) on July 31, 2025 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 31, 2025 | $1,294,000 | $1,580,000 | $3,193,333 (estimated) | 21st Century Bank | Twin Cities-Metro Certified Development Company | 20 years | 6 | Approved, not yet funded |
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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