Sewer Equipment Co. of America
Sewer Equipment Co. of America is a heavy duty truck manufacturer located in Lancaster, TX, classified under NAICS 336120. It was financed with an SBA 504 loan that financed real estate or equipment through an SBA 504 loan of $1,375,000 (SBA portion), with Foresight Bank as the lender and Rockford Local Development Corporation as the CDC, approved February 23, 2026.
SBA 504 loan, approved Feb 23, 2026
$1,375,000 SBA portionCDC: Rockford Local Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,375,000
- Bank portion
- $1,675,000
- Estimated project size
- $3,388,889 (estimated)
- Estimated owner equity
- $338,889 (estimated, about 10% of the project)
- Bank lender
- Foresight Bank, Winnebago, IL
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 23, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 336120, Heavy Duty Truck Manufacturing
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-30
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Heavy Duty Truck Manufacturing: $2,940,667.
- Average expansion loan in Texas: $2,316,979.
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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Same industry in Texas
- Liberty Industries Property, LLC, Sulphur Springs