Novotech Nutraceuticals, Inc.
Novotech Nutraceuticals, Inc. is located in Ventura, CA, and the SBA lists its industry as All Other Miscellaneous Manufacturing. It was approved for an SBA 504 loan ($2,057,000 SBA portion) on April 1, 2025 to finance real estate or equipment.
SBA 504 loan, approved Apr 1, 2025
- SBA (CDC) portion
- $2,057,000
- Bank portion
- $2,117,500
- Estimated project size
- $4,638,333 (estimated)
- Estimated owner equity
- $463,833 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 1, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 339999, All Other Miscellaneous Manufacturing
- Project location
- Ventura County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-24
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Larger than 48% of expansion loans in All Other Miscellaneous Manufacturing on this site.
- Average expansion loan in All Other Miscellaneous Manufacturing: $2,743,762.
- 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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