Digital Sound Systems, Inc.
Digital Sound Systems, Inc. is located in Olathe, KS, and the SBA lists its industry as All Other Professional, Scientific, and Technical Services. It was approved for an SBA 504 loan ($2,898,000 SBA portion) on July 16, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jul 16, 2024
- SBA (CDC) portion
- $2,898,000
- Bank portion
- $3,507,400
- Estimated project size
- $7,117,111 (estimated)
- Estimated owner equity
- $711,711 (estimated, about 10% of the project)
- Bank lender
- BMO Bank National Association, Chicago, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 16, 2049 (estimated, approval date plus term)
- First disbursement
- Dec 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Johnson County, KS
- SBA district office
- Kansas City District Office
- Congressional district
- KS-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 85% of expansion loans in All Other Professional, Scientific, and Technical Services on this site.
- Average expansion loan in All Other Professional, Scientific, and Technical Services: $1,882,695.
- Average expansion loan in Kansas: $2,080,367.
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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