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Koppenberg Enterprises, Inc. |
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| Lending Partner: Coastal Community Bank |
| Koppenberg Enterprises, Inc. has been in operation since 1974 manufacturing and installing columbariums throughout the US. A columbarium is a large structure of poured concrete vaults lined with recesses called “niches” for holding the urns which contain a person’s remains after cremation. Previously the company worked out of three leased locations with significant fuel expense for moving materials and finished goods between locations. The new building, with all production and storage in one site, allows for much greater efficiency, cost savings and greatly increased product storage capacity. |
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Effective Rates Estimated May 2013
20 Year Rate: 4.15%
10 Year Rate: 3.61% |
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