Norco Metal Finishing, Inc.
Norco Metal Finishing, Inc. is a business in Knoxville, Tennessee, in the electroplating, plating, polishing, anodizing, and coloring industry (NAICS 332813). It was financed with an SBA 7(a) loan for a change of ownership totaling $1,117,500, approved on August 21, 2026 by The Bancorp Bank National Association.
SBA 7(a) loan, change of ownership, approved Aug 21, 2026
$1,117,500 approvedLender: The Bancorp Bank National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,117,500
- SBA-guaranteed amount
- $838,125 (75% of the approval)
- Lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 21, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,411 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 332813, Electroplating, Plating, Polishing, Anodizing, and Coloring
- Project location
- Knox County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 15% of acquisition loans in Electroplating, Plating, Polishing, Anodizing, and Coloring on this site.
- Average acquisition loan in Electroplating, Plating, Polishing, Anodizing, and Coloring: $1,880,038.
- Average acquisition loan in Tennessee: $1,738,925.
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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- Moody & Associates Inc., Watertown