Corduroy Rd LLP
Corduroy Rd LLP is located in Lewis Center, OH, and the SBA lists its industry as Other Building Material Dealers. It was approved for an SBA 504 loan ($1,729,000 SBA portion) on October 6, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 6, 2023
- SBA (CDC) portion
- $1,729,000
- Bank portion
- $2,112,500
- Estimated project size
- $4,268,333 (estimated)
- Estimated owner equity
- $426,833 (estimated, about 10% of the project)
- Bank lender
- The Farmers National Bank of Canfield, Canfield, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- October 6, 2048 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- LLC or partnership
- NAICS
- 444180, Other Building Material Dealers
- Project location
- Delaware County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-12
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 53% of expansion loans in Other Building Material Dealers on this site.
- Average expansion loan in Other Building Material Dealers: $2,048,289.
- Average expansion loan in Ohio: $2,096,556.
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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