Marathon Industries, Inc.
Marathon Industries, Inc. is located in Lancaster, CA, and the SBA lists its industry as Heavy Duty Truck Manufacturing. It was approved for an SBA 504 loan ($2,864,000 SBA portion) on May 29, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| May 29, 2024 | $2,864,000 | $3,500,000 | $7,071,111 (estimated) | Bank of America N.a. | Business Finance Capital | 25 years | n/a | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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