Custom Steel Fabricators, Inc.
Custom Steel Fabricators, Inc. is a fabricated structural metal manufacturer in Seattle, Washington, classified under NAICS 332312. The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $641,000 from Peoples Bank and an approval date of September 9, 2026.
SBA 7(a) loan, change of ownership, approved Sep 9, 2026
$641,000 approvedLender: Peoples Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $641,000
- SBA-guaranteed amount
- $480,750 (75% of the approval)
- Lender
- Peoples Bank, Bellingham, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 9, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,609 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 332312, Fabricated Structural Metal Manufacturing
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 10% of acquisition loans in Fabricated Structural Metal Manufacturing on this site.
- Average acquisition loan in Fabricated Structural Metal Manufacturing: $2,019,355.
- Average acquisition loan in Washington: $1,784,595.
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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