Charlson Holdings, LLC
Charlson Holdings, LLC is located in Anoka, Minnesota, and its listed industry is other metal valve and pipe fitting manufacturing (NAICS 332919). The company was approved for an SBA 504 loan of $1,518,000 on February 14, 2025, which financed real estate or equipment through an SBA 504 loan, with Northern State Bank of Virginia as the lender and Twin Cities-Metro Certified Development Company as the certified development company.
SBA 504 loan, approved Feb 14, 2025
$1,518,000 SBA portionCDC: Twin Cities-Metro Certified Development Company25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,518,000
- Bank portion
- $1,855,000
- Estimated project size
- $3,747,778 (estimated)
- Estimated owner equity
- $374,778 (estimated, about 10% of the project)
- Bank lender
- Northern State Bank of Virginia, Virginia, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 14, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 332919, Other Metal Valve and Pipe Fitting Manufacturing
- Project location
- Anoka County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Other Metal Valve and Pipe Fitting Manufacturing: $2,102,250.
- Average expansion loan in Minnesota: $2,136,981.
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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