Itech & Repair
Itech & Repair is located in Dallas, TX, and the SBA lists its industry as Electronics and Appliance Retailers. It was approved for an SBA 504 loan ($1,885,000 SBA portion) on May 5, 2025 to finance real estate or equipment.
SBA 504 loan, approved May 5, 2025
- SBA (CDC) portion
- $1,885,000
- Bank portion
- $2,300,000
- Estimated project size
- $4,650,000 (estimated)
- Estimated owner equity
- $465,000 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 5, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 449210, Electronics and Appliance Retailers
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-30
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 53% of expansion loans in Electronics and Appliance Retailers on this site.
- Average expansion loan in Electronics and Appliance Retailers: $2,294,800.
- Average expansion loan in Texas: $2,316,979.
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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