Metal Finishing Group Inc.
Metal Finishing Group Inc. is a business in Sacramento, California, in the metal coating, engraving (except jewelry and silverware), and allied services to manufacturers industry. The company financed real estate or equipment through an SBA 504 loan of $2,252,000, with a total project amount of $2,750,000, approved on December 27, 2024, through Fifth Third Bank and The Mortgage Capital Development Corporation.
SBA 504 loan, approved Dec 27, 2024
$2,252,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,252,000
- Bank portion
- $2,750,000
- Estimated project size
- $5,557,778 (estimated)
- Estimated owner equity
- $555,778 (estimated, about 10% of the project)
- Bank lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 27, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 33
- Business type
- Corporation
- NAICS
- 332812, Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
- Project location
- Sacramento County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers: $2,597,000.
- Average expansion loan in California: $2,161,468.
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 California
- Pacific Powder Coating, Sacramento
- Diamond Construction & Waterproofing Inc., Sun Valley