Turner Gear Works Co
Turner Gear Works Co is a machine tool manufacturing business in Kansas City, Missouri, classified under NAICS code 333517. The company was financed with an SBA 7(a) loan for a change of ownership of $1,845,000 from CommunityAmerica Federal Credit Union, with approval dated June 16, 2026. The loan records list 12 jobs supported.
SBA 7(a) loan, change of ownership, approved Jun 16, 2026
$1,845,000 approvedLender: CommunityAmerica Federal Credit Union12 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,845,000
- SBA-guaranteed amount
- $1,660,500 (90% of the approval)
- Lender
- CommunityAmerica Federal Credit Union, Lenexa, KS
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 7.75%, variable
- Term
- 12 years (144 months)
- Estimated maturity
- June 16, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $19,719 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 333517, Machine Tool Manufacturing
- Project location
- Jackson County, MO
- SBA district office
- Kansas City District Office
- Congressional district
- MO-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Machine Tool Manufacturing: $1,777,325.
- Average acquisition loan in Missouri: $1,584,414.
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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