Intermarket Trade Group, Inc.
Intermarket Trade Group, Inc., based in High Point, North Carolina, operates in the furniture merchant wholesalers industry (NAICS 423210). The business was approved for an SBA 504 loan of $1,301,000, which financed real estate or equipment through an SBA 504 loan, with lender APC-ASBF, L.P. and CDC Business Expansion Funding Corporation, with approval dated May 8, 2025.
SBA 504 loan, approved May 8, 2025
$1,301,000 SBA portionCDC: Business Expansion Funding Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,301,000
- Bank portion
- $1,587,000
- Estimated project size
- $3,208,889 (estimated)
- Estimated owner equity
- $320,889 (estimated, about 10% of the project)
- Bank lender
- Apc-Asbf, L.P., Milton, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 8, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 423210, Furniture Merchant Wholesalers
- Project location
- Guilford County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 25% of expansion loans in Furniture Merchant Wholesalers on this site.
- Average expansion loan in Furniture Merchant Wholesalers: $2,143,550.
- Average expansion loan in North Carolina: $2,167,577.
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 North Carolina
- Smartdesks, Mooresville