Lynden Ice Company, L.L.C.
Lynden Ice Company, L.L.C. is located in Lynden, WA, and the SBA lists its industry as Ice Manufacturing. It was approved for an SBA 504 loan ($3,853,000 SBA portion) on February 28, 2025 to finance real estate or equipment.
SBA 504 loan, approved Feb 28, 2025
- SBA (CDC) portion
- $3,853,000
- Bank portion
- $6,731,000
- Estimated project size
- $11,760,000 (estimated)
- Estimated owner equity
- $1,176,000 (estimated, about 10% of the project)
- Bank lender
- Whatcom Educational CU, Bellingham, WA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 28, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 312113, Ice Manufacturing
- Project location
- Whatcom County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-1
- Collateral
- Yes
Estimated share of project by source
Bank 57% SBA (CDC) 33% Owner 10%
- Average expansion loan in Ice Manufacturing: $2,602,500.
- Average expansion loan in Washington: $2,234,716.
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.