Rural Power Systems Inc.
Rural Power Systems Inc. is located in Davis, CA, and the SBA lists its industry as Power, Distribution, and Specialty Transformer Manufacturing. It was approved for an SBA 504 loan ($2,861,000 SBA portion) on June 17, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jun 17, 2024 | $2,861,000 | $4,449,860 | $8,123,178 (estimated) | Bank of America, National Association | The Mortgage Capital Development Corporation | 25 years | 25 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
Is this your company? Claim or correct this listing. See Corrections.