MGT Consulting Services L.L.C.
MGT Consulting Services L.L.C. is located in Huntsville, AL, and the SBA lists its industry as Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology). It was approved for an SBA 504 loan ($1,842,000 SBA portion) on April 8, 2025 to finance real estate or equipment.
SBA 504 loan, approved Apr 8, 2025
- SBA (CDC) portion
- $1,842,000
- Bank portion
- $2,250,000
- Estimated project size
- $4,546,667 (estimated)
- Estimated owner equity
- $454,667 (estimated, about 10% of the project)
- Bank lender
- Merit Bank, Huntsville, AL
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 8, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 65
- Business type
- Corporation
- NAICS
- 541715, Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- Project location
- Madison County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-5
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology): $1,928,333.
- Average expansion loan in Alabama: $2,182,891.
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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