Carsten Holdings, LLC
Carsten Holdings, LLC is located in Newton, Kansas, and operates in fabricated structural metal manufacturing. The company financed real estate or equipment through an SBA 504 loan of $1,855,000 approved on September 26, 2024, with INTRUST Bank National Association as the lender and Frontier Financial Partners, Inc. as the certified development company.
SBA 504 loan, approved Sep 26, 2024
$1,855,000 SBA portionCDC: Frontier Financial Partners, Inc.20 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,855,000
- Bank portion
- $2,750,000
- Estimated project size
- $5,116,667 (estimated)
- Estimated owner equity
- $511,667 (estimated, about 10% of the project)
- Bank lender
- INTRUST Bank National Association, Wichita, KS
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- September 26, 2044 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 332312, Fabricated Structural Metal Manufacturing
- Project location
- Harvey County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-1
- Collateral
- Yes
Estimated share of project by source
Bank 54% SBA (CDC) 36% Owner 10%
- Larger than 50% of expansion loans in Fabricated Structural Metal Manufacturing on this site.
- Average expansion loan in Fabricated Structural Metal Manufacturing: $1,964,167.
- Average expansion loan in Kansas: $2,080,367.
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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