PriceCo Floors Inc.
PriceCo Floors Inc. is located in Laurel, MD, and the SBA lists its industry as All Other General Merchandise Retailers. It was approved for an SBA 504 loan ($1,721,000 SBA portion) on June 17, 2025 to finance real estate or equipment.
SBA 504 loan, approved Jun 17, 2025
- SBA (CDC) portion
- $1,721,000
- Bank portion
- $2,100,000
- Estimated project size
- $4,245,556 (estimated)
- Estimated owner equity
- $424,556 (estimated, about 10% of the project)
- Bank lender
- Bank of America N.a., Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 17, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 455219, All Other General Merchandise Retailers
- Project location
- Howard County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 64% of expansion loans in All Other General Merchandise Retailers on this site.
- Average expansion loan in All Other General Merchandise Retailers: $2,003,182.
- Average expansion loan in Maryland: $2,350,795.
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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