CAC Real Estate, LLC
CAC Real Estate, LLC is a general freight trucking, local business located in La Porte, Indiana, classified under NAICS code 484110. The company financed real estate or equipment through an SBA 504 loan of $3,027,000 (SBA portion), approved on January 29, 2024, with American Commercial Bank and Trust National Association as the lender and Small Business Growth Corporation as the certified development company.
SBA 504 loan, approved Jan 29, 2024
$3,027,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,027,000
- Bank portion
- $3,700,000
- Estimated project size
- $7,474,444 (estimated)
- Estimated owner equity
- $747,444 (estimated, about 10% of the project)
- Bank lender
- American Commercial Bank and Trust National Association, Ottawa, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 29, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Project location
- La Porte County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-1
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 77% of expansion loans in General Freight Trucking, Local on this site.
- Average expansion loan in General Freight Trucking, Local: $2,373,915.
- Average expansion loan in Indiana: $2,227,963.
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 Indiana
- Debusk Management Group Inc., Fishers
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- RPC Express Corp., West Harrison