Midwest Crating Unlimited Corp.
Midwest Crating Unlimited Corp. is a wood container and pallet manufacturer in Centerville, MN, classified under NAICS 321920. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,049,000, approved on February 4, 2026, with Associated Bank National Association as the lender and Amplio Economic Development Corporation as the certified development company.
SBA 504 loan, approved Feb 4, 2026
$2,049,000 SBA portionCDC: Amplio Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,049,000
- Bank portion
- $2,500,000
- Estimated project size
- $5,054,444 (estimated)
- Estimated owner equity
- $505,444 (estimated, about 10% of the project)
- Bank lender
- Associated Bank National Association, Green Bay, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 4, 2051 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 321920, Wood Container and Pallet Manufacturing
- Project location
- Anoka County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Wood Container and Pallet Manufacturing: $2,589,222.
- Average expansion loan in Minnesota: $2,136,981.
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.
Same industry in Minnesota
- Pallet Recycling LLC, Saint Paul
- KB Manufacturing Company Inc, Crosby