Hunter Bay, LLLP
Hunter Bay, LLLP is located in Englewood, CO, and the SBA lists its industry as Coffee and Tea Manufacturing. It was approved for an SBA 504 loan ($1,152,000 SBA portion) on November 27, 2023 to finance real estate or equipment.
SBA 504 loan, approved Nov 27, 2023
- SBA (CDC) portion
- $1,152,000
- Bank portion
- $1,403,952
- Estimated project size
- $2,839,947 (estimated)
- Estimated owner equity
- $283,995 (estimated, about 10% of the project)
- Bank lender
- First Security Bank, Mackinaw, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 27, 2048 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 311920, Coffee and Tea Manufacturing
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Coffee and Tea Manufacturing: $1,425,000.
- 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.
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