Vertical Turbine Specialists Inc.
1802 E 50th St, Lubbock, TX 79404 · All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS 332999)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$6.0M
Jobs Supported
125
Years Active
2011–2021
Loan History (2)
Source: SBA FOIA7(a)$5,000,000
Cancelled
- Approved
- Sep 15, 2021 (FY2021)
- SBA Guaranteed
- $3,750,000 (75%)
- Term
- 300 months (25.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 33
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS 332999)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Lubbock County, TX
7(a)$1,000,000
Paid in Full
- Approved
- Aug 26, 2011 (FY2011)
- SBA Guaranteed
- $500,000 (50%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 4.50%
- Revolver
- 1
- Jobs Supported
- 92
- Business Type
- Corporation
- Industry
- Pump and Pumping Equipment Manufacturing (NAICS 333911)
- Paid in Full
- Jul 31, 2017
Lender
City Bank
5219 City Bank Pkwy, Lubbock, TX 79407
Project Location
Lubbock County, TX
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
- 1802 E 50th St
Lubbock, TX 79404
Lenders
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042
- City Bank
- 5219 City Bank Pkwy, Lubbock, TX 79407