Gravity Defyer Medical Technology Corporation
Gravity Defyer Medical Technology Corporation is located in Mount Juliet, Tennessee, and is classified under the NAICS industry Shoe Retailers. The company financed real estate or equipment through an SBA 504 loan of $3,932,000 with a 300-month term, approved on December 12, 2024, with Harvest Commercial Capital, LLC as the lender and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Dec 12, 2024
$3,932,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,932,000
- Bank portion
- $3,837,500
- Estimated project size
- $8,632,778 (estimated)
- Estimated owner equity
- $863,278 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- December 12, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 47
- Business type
- Corporation
- NAICS
- 458210, Shoe Retailers
- Project location
- Wilson County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-4
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Shoe Retailers: $2,162,333.
- Average expansion loan in Tennessee: $2,402,643.
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 Tennessee
- Warden Pack LLC, Smyrna