Compass Homes, Inc.
Compass Homes, Inc. is located in Columbus, OH, and the SBA lists its industry as New Single-Family Housing Construction (except For-Sale Builders). It was approved for an SBA 504 loan ($1,213,000 SBA portion) on November 19, 2023 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Nov 19, 2023 | $1,213,000 | $1,870,000 | $3,425,556 (estimated) | Wells Fargo Bank, N.a. | Community Capital Development Corporation | 25 years | 5 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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