Capital Access Group was pleased to help Elie Antoun, owner of AHK Electronic Sheet Metal, Inc., access $9.3M in SBA 504 funds to purchase a 58,510 sq. ft. manufacturing facility in San Jose. AHK’s expansion takes place in the already booming Silicon Valley, known more for the tech corporations that contribute to the area’s economic growth.
Antoun also owns Etched Media Corporation and recently purchased Tobar Industries to increase AHK’s manufacturing capacity. Co-locating AHK, Tobar Industries, and Etched Media in the new facility allows Antoun to move at a faster pace and run his businesses more efficiently.
“The loan gives us certainty. We know how much rent we’re going to pay, we know how much it’s going to cost us from that perspective,” said Antoun. “The SBA 504 loan provided the security that allowed me to be bold.”Read More