Big O Tires - Parker, LLC
Big O Tires - Parker, LLC is a business in Parker, Colorado, in the automotive parts and accessories retailers industry. The company financed real estate or equipment through an SBA 504 loan of $1,332,000, with the SBA portion approved on March 23, 2024, through Mountain West Small Business Finance and Community Banks of Colorado, A Division of NBH Bank.
SBA 504 loan, approved Mar 23, 2024
$1,332,000 SBA portionCDC: Mountain West Small Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,332,000
- Bank portion
- $1,625,250
- Estimated project size
- $3,285,833 (estimated)
- Estimated owner equity
- $328,583 (estimated, about 10% of the project)
- Bank lender
- Community Banks of Colorado, A Division of NBH Bank, Greenwood Village, CO
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 23, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- Douglas County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 38% of expansion loans in Automotive Parts and Accessories Retailers on this site.
- Average expansion loan in Automotive Parts and Accessories Retailers: $1,798,500.
- 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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