Main Street Registry

Coldrite Refrigeration and Manufacturing, Inc.

Carson, CA · All Other Miscellaneous General Purpose Machinery Manufacturing · NAICS 333998

Coldrite Refrigeration and Manufacturing, Inc. is located in Carson, California, and operates in the all other miscellaneous general purpose machinery manufacturing industry (NAICS 333998). The company financed real estate or equipment through an SBA 504 loan of $1,554,000, which was approved on March 7, 2024, through lender CalPrivate Bank with Business Finance Capital as the certified development company.

SBA 504 loan, approved Mar 7, 2024

$1,554,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,554,000
Bank portion
$1,908,400
Estimated project size
$3,847,111 (estimated)
Estimated owner equity
$384,711 (estimated, about 10% of the project)
Bank lender
CalPrivate Bank, La Jolla, CA
CDC
Business Finance Capital
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
March 7, 2049 (estimated, approval date plus term)
First disbursement
Jun 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
333998, All Other Miscellaneous General Purpose Machinery Manufacturing
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-43
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 50% of expansion loans in All Other Miscellaneous General Purpose Machinery Manufacturing on this site.
  • Average expansion loan in All Other Miscellaneous General Purpose Machinery Manufacturing: $2,302,200.
  • Average expansion loan in California: $2,161,468.

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 California