Western Rose, LLC
Western Rose, LLC is located in Odon, IN, and the SBA lists its industry as Semiconductor and Related Device Manufacturing. It was approved for an SBA 504 loan ($1,842,000 SBA portion) on August 12, 2024 to finance real estate or equipment.
SBA 504 loan, approved Aug 12, 2024
- SBA (CDC) portion
- $1,842,000
- Bank portion
- $2,250,000
- Estimated project size
- $4,546,667 (estimated)
- Estimated owner equity
- $454,667 (estimated, about 10% of the project)
- Bank lender
- First Mid Bank & Trust, National Association, Mattoon, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 12, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Paid in full
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 334413, Semiconductor and Related Device Manufacturing
- Project location
- Daviess County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-8
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Semiconductor and Related Device Manufacturing: $2,713,500.
- Average expansion loan in Indiana: $2,227,963.
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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