Sunwize Power & Battery, LLC
Sunwize Power & Battery, LLC, located in Ravenna, Ohio, operates in the all other miscellaneous electrical equipment and component manufacturing industry (NAICS 335999). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,148,000, approved on May 14, 2026, with KeyBank National Association as the lender and Cascade Capital Corporation as the certified development company.
SBA 504 loan, approved May 14, 2026
$2,148,000 SBA portionCDC: Cascade Capital Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,148,000
- Bank portion
- $2,625,000
- Estimated project size
- $5,303,333 (estimated)
- Estimated owner equity
- $530,333 (estimated, about 10% of the project)
- Bank lender
- KeyBank National Association, Cleveland, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- May 14, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 335999, All Other Miscellaneous Electrical Equipment and Component Manufacturing
- Project location
- Portage County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-13
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in All Other Miscellaneous Electrical Equipment and Component Manufacturing: $1,580,000.
- Average expansion loan in Ohio: $2,096,556.
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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