Graber Building Supply and Hardware, Inc.
Graber Building Supply and Hardware, Inc. is an other building material dealer in Sullivan, Illinois. The business was financed with an SBA 504 loan that financed real estate or equipment through an SBA 504 loan of $4,335,000, approved on January 15, 2025, through First Mid Bank & Trust, National Association, with Small Business Growth Corporation as the certified development company.
SBA 504 loan, approved Jan 15, 2025
$4,335,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,335,000
- Bank portion
- $5,250,000
- Estimated project size
- $10,650,000 (estimated)
- Estimated owner equity
- $1,065,000 (estimated, about 10% of the project)
- Bank lender
- First Mid Bank & Trust, National Association, Mattoon, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 15, 2050 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 444180, Other Building Material Dealers
- Project location
- Moultrie County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-15
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 89% 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 Illinois: $2,310,827.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Illinois
- Phw Holdings, LLC, Pekin
- Helleday LLC, Belleville
- Chicagoland Home Products LLC, Melrose Park
- DGC Holdings LLC, Chicago