Teague's Iron and Metal Llc

1702 E Greene St, Carlsbad, NM 88220 · All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS 332999)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.1M

Jobs Supported

37

Years Active

2022–2023

Loan History (2)

Source: SBA FOIA
7(a)$1,584,900
Exempt
Approved
Jun 23, 2023 (FY2023)
SBA Guaranteed
$1,188,675 (75%)
Term
120 months (10.0 yrs)
Interest Rate
9.00%
Revolver
0
Jobs Supported
17
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS 332999)

Lender

Western Commerce Bank

127 S Canyon St, Carlsbad, NM 88220

Project Location

Eddy County, NM

7(a)$520,000
Exempt
Approved
Dec 9, 2021 (FY2022)
SBA Guaranteed
$390,000 (75%)
Term
240 months (20.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
20
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Metal Service Centers and Other Metal Merchant Wholesalers (NAICS 423510)

Lender

Western Commerce Bank

127 S Canyon St, Carlsbad, NM 88220

Project Location

Eddy County, NM

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
332999 All Other Miscellaneous Fabricated Metal Product Manufacturing
Address
1702 E Greene St
Carlsbad, NM 88220

Lender

Western Commerce Bank
127 S Canyon St, Carlsbad, NM 88220

Other SBA Borrowers in Carlsbad

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