Ekko Material Handling Equipment Manufacturing Inc.
Ekko Material Handling Equipment Manufacturing Inc. is a business in Pomona, California, in the industry of construction and mining (except oil well) machinery and equipment merchant wholesalers.
SBA 504 loan, approved Mar 13, 2024
$1,407,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,407,000
- Bank portion
- $1,518,300
- Estimated project size
- $3,250,333 (estimated)
- Estimated owner equity
- $325,033 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 13, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 423810, Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-32
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Average expansion loan in Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers: $2,088,250.
- Average expansion loan in California: $2,161,468.
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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Same industry in California
- Collinsworth Construction, Inc., Banning
- Haaker Equipment Company, Colton