The Music Room
The Music Room, located in Lafayette, CO, is classified under NAICS 459999 (All Other Miscellaneous Retailers). The business financed real estate or equipment through an SBA 504 loan of $2.38 million, with MidFirst Bank as the bank partner and Mountain West Small Business Finance as the CDC, with approval dated August 4, 2026.
SBA 504 loan, approved Aug 4, 2026
$2,380,000 SBA portionCDC: Mountain West Small Business Finance25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,380,000
- Bank portion
- $3,040,000
- Estimated project size
- $6,022,222 (estimated)
- Estimated owner equity
- $602,222 (estimated, about 10% of the project)
- Bank lender
- MidFirst Bank, Oklahoma City, OK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 4, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 459999, All Other Miscellaneous Retailers
- Project location
- Boulder County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-2
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 72% of expansion loans in All Other Miscellaneous Retailers on this site.
- Average expansion loan in All Other Miscellaneous Retailers: $1,970,828.
- Average expansion loan in Colorado: $2,096,252.
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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