Veac, LLC
Veac, LLC is located in Worthington, OH, and the SBA lists its industry as Electrical Contractors and Other Wiring Installation Contractors. It was approved for an SBA 504 loan ($2,921,000 SBA portion) on June 11, 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 11, 2024 | $2,921,000 | $3,570,000 | $7,212,222 (estimated) | German American Bank | Community Capital Development Corporation | 25 years | 10 | Status not reported (SBA exemption) |
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.
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