Bethany Farm & Nursery, LLC
Bethany Farm & Nursery, LLC is a nursery and tree production business located in Milford, Connecticut, in the nursery and tree production industry. The company financed real estate or equipment through an SBA 504 loan of $2,512,000, with Ives Bank as the lender and New England Certified Development Corporation as the certified development company, with an approval date of September 11, 2026.
SBA 504 loan, approved Sep 11, 2026
$2,512,000 SBA portionCDC: New England Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,512,000
- Bank portion
- $3,490,000
- Estimated project size
- $6,668,889 (estimated)
- Estimated owner equity
- $666,889 (estimated, about 10% of the project)
- Bank lender
- Ives Bank, Danbury, CT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 11, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 111421, Nursery and Tree Production
- Project location
- South Central Ct County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-3
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in Nursery and Tree Production: $2,512,000.
- Average expansion loan in Connecticut: $2,313,333.
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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