Comm-Fit Holdings LLC
Comm-Fit Holdings LLC is a business in Addison, Texas, in the sporting and recreational goods and supplies merchant wholesalers industry (NAICS 423910). The company financed real estate or equipment through an SBA 504 loan of $1,633,000 approved on December 1, 2023, with U.S. Bank, National Association as the lender and North Texas Certified Development Corporation as the certified development company.
SBA 504 loan, approved Dec 1, 2023
$1,633,000 SBA portionCDC: North Texas Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,633,000
- Bank portion
- $3,186,000
- Estimated project size
- $5,354,444 (estimated)
- Estimated owner equity
- $535,444 (estimated, about 10% of the project)
- Bank lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- December 1, 2048 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 48
- Business type
- Corporation
- NAICS
- 423910, Sporting and Recreational Goods and Supplies Merchant Wholesalers
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-24
- Collateral
- Yes
Estimated share of project by source
Bank 60% SBA (CDC) 30% Owner 10%
- Average expansion loan in Sporting and Recreational Goods and Supplies Merchant Wholesalers: $2,413,875.
- Average expansion loan in Texas: $2,316,979.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Texas
- Soccer Innovations, LLC, Dallas
- C and C Sports and Apparel LLC, Hempstead