Genesis Innovations, LLC
Genesis Innovations, LLC is located in Loveland, CO, and the SBA lists its industry as Other Millwork (including Flooring). It was approved for an SBA 504 loan ($2,935,000 SBA portion) on August 19, 2025 to finance real estate or equipment. This registry lists 2 loans for the company.
SBA 504 loan, approved Aug 19, 2025
- SBA (CDC) portion
- $2,935,000
- Bank portion
- $3,582,500
- Estimated project size
- $7,241,667 (estimated)
- Estimated owner equity
- $724,167 (estimated, about 10% of the project)
- Bank lender
- First Interstate Bank, Billings, MT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- August 19, 2045 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 321918, Other Millwork (including Flooring)
- Project location
- Larimer County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Other Millwork (including Flooring): $1,844,800.
- Average expansion loan in Colorado: $2,096,252.
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.
SBA 7(a) loan, change of ownership, approved Aug 5, 2025
- Gross approval
- $1,247,500
- SBA-guaranteed amount
- $935,625 (75% of the approval)
- Lender
- First Interstate Bank, Billings, MT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,646 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 76
- Business type
- Corporation
- NAICS
- 321918, Other Millwork (including Flooring)
- Project location
- Larimer County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Millwork (including Flooring): $1,199,343.
- Average acquisition loan in Colorado: $1,608,658.
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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