Binder · what a lender can actually take
Collateral sheet and broker price opinion
Vacant dirt is one asset. The 40,000-SF plant, once erected on Old Gentilly across from NASA at 13800 and on the same street as Folgers at 14601, is another. Every machine that can take a UCC or a title is listed. Software, payroll, and hoped-for offtake are not.
Two clocks
Application day is not completion day. The as-completed plant is 504 mortgage collateral. Do not tell a committee the building has no value because the steel is still on a truck.
| Clock | Real estate | Equipment / titles | Inventory | Pledge base |
|---|---|---|---|---|
| As-is — dirt, before the shell Mortgage on vacant industrial land only, if purchased. Equipment and inventory are not here until invoices and receipts exist. The NASA / Folgers street still matters to the land BPO. | $500,000 | $0 | $0 | $500,000 |
| As-completed — structure erected Land + 40,000-SF plant + yard on the Old Gentilly corridor, plus every machine and titled unit that is actually purchased. This is the sheet a lender can take a lien on. Software is out. Soft costs are out. | $1,700,000 | $1,573,500 | $175,000 | $3,448,500 |
| As-completed listed pledge base | $3,448,500 |
Summary roll-up $3,448,500. Lender haircut will be lower. Soft costs inside the $5,000,000 ceiling — engineering, certification, payroll, insurance, cash reserve — are spent, not pledged.
The street
The location pin is NASA Michoud Assembly Facility, 13800 Old Gentilly Road, New Orleans, LA 70129. The factory occupies 7 acres directly across that paved industrial street, on the same built-out strip as Folgers at 14601 and the Michoud Boulevard warehouses. The researched vacant tract across from 13800 is 55197 Old Gentilly Road (12.70 acres, MLS 2492745, $275,000 ask as of September 2026) — not owned. Adjacency is a manufacturing-location factor. It is not a NASA contract and it is not an appraisal.
Across the street
NASA Michoud Assembly Facility
13800 Old Gentilly Road, New Orleans, LA 70129
Across the street. Official NASA address. Government-owned, Marshall-managed manufacturing campus — America’s rocket factory. Not a NASA contract, not a NASA lease, not offtake. Not our dirt. Propel Park / on-campus lease pads at 13800 are still NASA’s campus.
Same street
Folgers coffee plant (The J.M. Smucker Company)
14601 Old Gentilly Road, New Orleans, LA 70129
Same street, already developed. National food manufacturing and truck traffic are the character of the road. Directories also list 14620. Not Folgers offtake.
Access: I-510 / I-10 · Chef Menteur Highway (U.S. 90) · Old Gentilly Road — paved four-lane industrial spur (already built) · Michoud Boulevard — bounding street with warehouses already on it · Port of New Orleans / Inner Harbor Navigational Canal / Gulf Intracoastal Waterway · Heavy-industrial truck pattern already on Old Gentilly. Parish: Orleans Parish, Louisiana. Legal description: Listing tax legal (confirm with title): PRAIRIE LANDS SEC A LOT Z PTS 17 19 GENTILLY RD TO L AND N R R 207 OVER 196X2828 OVER 2809 VACANT. Purchase contract, ALTA survey, and title commitment replace this line. Ameridura does not own this parcel.
What that adjacency is
- This is a manufacturing street. A 40,000-SF house factory on a ~207' × 1,473' strip belongs here in a way it does not on a residential arterial.
- NASA is literally across Old Gentilly — 13800. Folgers is on the same street — 14601. Entergy’s gas plant is the west-edge neighbor the listing names.
- Utilities and trucking are already the neighborhood. That is why the $65,000 tap line is a tap, not a main extension — if the letters confirm the mains are at this ditch.
- Workforce shed is shared with those plants. That is a labor and location fact, not a customer.
- Once the shell is up, the improved real estate is 504 mortgage collateral on this corridor — not a shed in a pasture.
What it is not
- Not a NASA purchase order.
- Not Folgers offtake.
- Not an Entergy offtake contract.
- Not a signed utility tap letter.
- Not a purchase of 55197 — research target only until a contract is in the file.
- Not Propel Park, and not any pad inside 13800.
- Not a reason to invent a land price above the purchase contract.
- Not a license to skip flood, levee, elevation, wetlands, or Phase I ESA on the specific parcel.
- Not a residential ‘NASA view’ premium. This is industrial location.
- Not a 12-acre factory and not a 25-acre campus. The plant is 7 acres.
New Orleans East is a flood-aware market. FEMA zone, NFIP, elevation, HSDRRS levee, pumps, and drainage are verified on the surveyed plant parcel. Campus marketing for on-site NASA development cites a 19.5-foot levee and pumps — that does not transfer to 55197 without the map and the survey.
Broker Price Opinion — industrial manufacturing plant (as-is and as-completed)
Engagement package and cost schedule. Market value is blank until a Louisiana commercial broker (BPO) and, for the 504 stack, a USPAP as-completed appraisal are in the file.
- Client
- Ameridura Manufacturing Company (A Benefit Corporation)
- Property
- Owner-occupied industrial manufacturing — ICF modular housing factory
- Intended users
- Participating SBA 7(a) lender, CDC (if 504), SBA as guarantor. Not a consumer marketing piece.
SBA 504 takes a mortgage on the real estate. Vacant land is one asset. The erected plant is another. Progress inspections during construction; as-completed value is what the CDC and the first-mortgage lender underwrite. Do not treat the $1,000,000 shell as ‘not collateral’ because it has not been built yet — that is what the as-completed opinion is for.
| Premise | Cost basis (uses) | Market value |
|---|---|---|
| As-is If the contract is 55197 Old Gentilly, as-is is that vacant 12.70-acre industrial tract across from NASA Michoud — unfenced raw land. No credit for a building that is not there. The 7-acre plant is occupancy on that parcel, not a second legal lot unless we subdivide before closing (we have not). Land acquisition target in the uses schedule | $500,000 | Broker fills as-is market value. Not invented here. |
| As-completed — once the structure is erected Fee-simple interest in the purchased parcel (target: 55197) plus the approximately 40,000-SF manufacturing building, industrial slab, docks, offices, fire protection, service, and the 7-acre plant yard as specified in the uses schedule. Remainder acreage on the same parcel is truck yard / house staging / a future pad — not lots. This is the 504 mortgage collateral. It does not exist as improved real estate until the shell is up and the civil work is in the ground. Land + building + site in Phase I uses | $1,700,000 | Broker fills as-completed market value. Not invented here. |
Location the BPO has to write
The location pin is NASA Michoud Assembly Facility, 13800 Old Gentilly Road, New Orleans, LA 70129. The factory occupies 7 acres directly across that paved industrial street, on the same built-out strip as Folgers at 14601 and the Michoud Boulevard warehouses. The researched vacant tract across from 13800 is 55197 Old Gentilly Road (12.70 acres, MLS 2492745, $275,000 ask as of September 2026) — not owned. Adjacency is a manufacturing-location factor. It is not a NASA contract and it is not an appraisal.
| Factor | Public fact | How it counts |
|---|---|---|
| Location pin — NASA’s address | 13800 Old Gentilly Road, New Orleans, LA 70129 | We always use NASA’s address as the location pin. That is the built-out industrial campus the strip is named for. It is not a NASA lease, not a NASA purchase order, and not our parcel. |
| Folgers roasting plant | 14601 Old Gentilly Road, New Orleans, LA 70129 | Same street. National food manufacturing already runs trucks on Old Gentilly. Neighbor use is industrial, not a subdivision fight. |
| Entergy / New Orleans Power Station | 3601 Paris Road, New Orleans, LA 70129 | The listing names the Entergy gas plant as the west-edge neighbor. Developed power is already on this industrial edge. Not an offtake contract. |
| Sold comps on this strip | 4100 Michoud Blvd closed July 2022 at $1.15M (10 acres / ~96,600 SF). 4200 Michoud Blvd closed May 2023 at $1.25M (12.185 acres / ~156,000 SF). Kern together ~$2.4M / 22 acres. | Same street the listing parallels. Local manufacturers already pay to sit across from NASA. Strip value. Not a $8–$12/SF cap on our as-completed plant. Not house comps. |
| Corridor access | I-510 / I-10; Chef Menteur Highway (U.S. 90); Old Gentilly Road — paved four-lane industrial spur (already built); Michoud Boulevard — bounding street with warehouses already on it; Port of New Orleans / Inner Harbor Navigational Canal / Gulf Intracoastal Waterway; Heavy-industrial truck pattern already on Old Gentilly | Interstate, U.S. 90, port, and waterway access that industrial users pay for. A 7-acre manufacturing yard needs that more than a pretty address. |
| Flood, levee, elevation | New Orleans East is a flood-aware market. FEMA zone, NFIP, elevation, HSDRRS levee, pumps, and drainage are verified on the surveyed plant parcel. Campus marketing for on-site NASA development cites a 19.5-foot levee and pumps — that does not transfer to 55197 without the map and the survey. | A proper BPO in New Orleans East states the FEMA zone and the levee. Hiding it is how an opinion gets thrown out. |
Sold comps on this strip
Across the street from NASA Michoud Assembly Facility, 13800 Old Gentilly Road, New Orleans, LA 70129. NASA at 13800, Folgers at 14601, Entergy at the west edge, and the Michoud Boulevard warehouses are operating industrial plants on paved public streets. A house factory across Old Gentilly is a conforming industrial use on a manufacturing strip — not a pasture conversion and not a residential NASA-view premium. Sold warehouses on Michoud Boulevard show that local manufacturers already pay to sit on this street. Do not capitalize hoped-for NASA work into real-estate value. Do not use D.R. Horton house sales. Do not treat Propel Park as a fee-simple land sale — NASA leases that campus; it does not sell it.
| Address | Closed | Price | Acres | $/SF bldg | How it counts |
|---|---|---|---|---|---|
| 4100 Michoud Blvd, New Orleans, LA 70129 Industrial warehouse on 10 acres at the southwest corner of Michoud Boulevard and Old Gentilly Road, adjacent to NASA Michoud. McEnery offering memorandum: 96,600 SF, listed $1,200,000 ($12.42/SF). Closed $1,150,000. Press later called the building nearly 100,000 SF. Needed renovation. | July 2022 | $1,150,000 | 10 | $11.90 | Location and industrial liquidity. Do not treat ~$12/SF of tired bulk warehouse as the as-completed value of a 40,000-SF house factory. Cost approach stays primary for the plant. |
| 4200 Michoud Blvd, New Orleans, LA 70129 12.185 acres with about 156,000 SF of warehouse. ELIFIN recorded $8.00/SF. Adjacent to 4100. Together the two Kern sites are 22 acres and about 250,000 SF on Michoud Boulevard between Old Gentilly and the railroad — the warehouses the 55197 listing says it parallels. | May 2023 | $1,250,000 | 12.185 | $8.00 | Same as 4100: street proof, not a $8/SF cap on a new 40,000-SF manufacturing shell. Buildings needed heavy renovation. |
Kern’s two Michoud Boulevard purchases total about $2.4 million for 22 acres of the same industrial strip. 55197 is the vacant dirt those warehouses parallel. Combined purchase is not a vacant-land residual and is not our as-completed plant.
$3.00–$4.50/SF warehouse lease rates in New Orleans East (2022) vs $5–$7/SF in Elmwood (2022). Kern said the East was the last large industrial tracts with I-10 access, cheaper than Elmwood. That is why a manufacturer bought the NASA strip instead of paying Elmwood rent. Lease rates are not a sold land residual.
Listings — not sold
- 55197 Old Gentilly Road, New Orleans, LA 70129 — $275,000 ask · 12.7 acres. Subject listing if this is the contract. Do not book $275,000 as closed value. Do not call 12.7 acres the factory.
- 4342 Michoud Blvd, New Orleans, LA 70129 — $1,250,000 ask · 2 acres. Listing, not a closed sale. Broker has to confirm status. Do not treat the ask as a sold comparable.
Not comps: 13800 Old Gentilly Road (on NASA’s campus) (Demand evidence. Not a sold comparable. Not our dirt.) 10090 Almonaster Ave, New Orleans, LA (Do not put this on the BPO grid as a land comp for 55197.)
Approaches
- Cost approach. Primary for a special-purpose owner-occupied plant. Land target $500,000 + used/relocated 40,000-SF shell and fit-out $1,000,000 + site $200,000. Building budget is about $25/SF — used or relocated industrial, not Class A new. Broker depreciates and replaces; this file does not.
- Sales comparison. Industrial land $/acre and industrial building $/SF on this NASA strip — Old Gentilly, Michoud Boulevard — first. Not Slidell house comps. Not D.R. Horton listings. Closed: Kern 4100 Michoud (July 2022, $1.15M, 10 acres, ~96,600 SF) and 4200 Michoud (May 2023, $1.25M, 12.185 acres, ~156,000 SF). Combined ~$2.4M / 22 acres on the warehouses 55197 parallels. Listings: 55197 vacant at $275,000 / 12.70 acres; 4342 Michoud shop ask $1.25M (not confirmed sold). Those sales prove industrial users pay to sit across from NASA. They do not price a 40,000-SF house factory at $8–$12/SF of tired bulk warehouse. Broker confirms dates, SF, and adjustments. No comparable is invented.
- Income approach. Secondary at most. Owner-occupied manufacturing. If used, industrial lease rates for a 40,000-SF shop in this corridor — not a hotel pro forma and not a house-sale cap rate. Do not capitalize hoped-for house invoices into real-estate value.
Extraordinary assumptions
- Legal description, survey, and title exceptions as of the effective date.
- Zoning permits a modular housing manufacturing plant on the parcel.
- As-completed assumes the 40,000-SF building and site work are built to the plans and budget in this file, or to the contractor’s permitted set if that set differs — disclose the difference.
- No environmental condition that a Phase I ESA would flag, unless the ESA is already in the file.
- Flood determination is as mapped on the surveyed parcel, not as marketed for a different NASA-campus tract.
A 504 CDC funds against a USPAP appraisal, typically as-completed, not against this worksheet. Order the BPO so the lender has a professional opinion before the MAI is back. Do not tell a committee the as-completed plant has no value because the shell is not standing on the day of application.
Broker / firm: ______________________________ License #: __________
Effective date: ______________
As-is market value: $ ____________________
As-completed market value: $ ____________________
Inspection: exterior / interior / both (circle). Photos attached: yes / no
Signature: ______________________________
As-completed real estate — $1,700,000 cost basis
Land now. Building and site as they go in. The mortgage follows the improvements.
| SKU | Item | When it is collateral | Cost |
|---|---|---|---|
| RE-LAND-7AC | 7-acre plant (as-is land) | At purchase — mortgage attaches to the 7-acre plant dirt | $500,000 |
| RE-BLDG-001 | Used / relocated steel high-bay shell (~40,000 SF, 170' × 235') | As erected / paid — as-completed plant | $520,000 |
| RE-BLDG-002 | Reinforced industrial slab (crane / fixture loads) | As erected / paid — as-completed plant | $205,000 |
| RE-BLDG-003 | Overhead doors and four truck docks | As erected / paid — as-completed plant | $68,000 |
| RE-BLDG-004 | Offices, lockers, break room, first aid, training | As erected / paid — as-completed plant | $45,000 |
| RE-BLDG-005 | Electrical service, panels, LED, generator / ATS, utility drops | As erected / paid — as-completed plant | $85,000 |
| RE-BLDG-006 | Fire alarm and sprinkler | As erected / paid — as-completed plant | $45,000 |
| RE-BLDG-007 | HVAC for occupied areas + plant ventilation share | As erected / paid — as-completed plant | $20,000 |
| RE-BLDG-008 | Security cameras and access control | As erected / paid — as-completed plant | $12,000 |
| RE-SITE-001 | Pad / yard clearing and rough grade (not 7-acre mass fill) | In the ground — yard and utilities are real estate, not equipment | $40,000 |
| RE-SITE-002 | Drainage and stormwater for the yard | In the ground — yard and utilities are real estate, not equipment | $32,000 |
| RE-SITE-003 | Heavy truck drives and aggregate yards | In the ground — yard and utilities are real estate, not equipment | $48,000 |
| RE-SITE-004 | Short utility taps (water, sewer/septic, electric, gas) — not a long main | In the ground — yard and utilities are real estate, not equipment | $45,000 |
| RE-SITE-005 | Fencing, gates, exterior lighting | In the ground — yard and utilities are real estate, not equipment | $18,000 |
| RE-SITE-006 | Minimal employee parking | In the ground — yard and utilities are real estate, not equipment | $5,000 |
| RE-SITE-007 | Signage | In the ground — yard and utilities are real estate, not equipment | $2,000 |
| RE-SITE-008 | Trailer and finished-product gravel staging | In the ground — yard and utilities are real estate, not equipment | $10,000 |
| As-completed real estate (cost) | $1,700,000 | ||
Equipment that can actually be pledged — $1,573,500
138 lines. Software is off this table. Strong machines$410,000 · ordinary UCC $911,500 · titled $84,000 · fixtures $63,000 · weak recovery $105,000.
| SKU | Item | Pledge | Qty | Estimate | Serial / VIN |
|---|---|---|---|---|---|
| EQ-ICF-CNC | CNC foam / hot-wire cutter ICF assembly · U.S. foam CNC (Hotwire / similar) or equivalent — quote TBD | Strong — serial machine, orderly liquidation | 1 | $38,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-HW | Secondary hot-wire station ICF assembly · Domestic foam-cut supplier — quote TBD | UCC-1 equipment | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-TABLES | ICF assembly tables ICF assembly · U.S. fab / in-house steel — quote TBD | UCC-1 equipment | 4 | $10,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-JIGS | Wall jigs and alignment fixtures ICF assembly · In-house + local fab — quote TBD | UCC-1 equipment | 1 | $20,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-FIXTURES | Corner / T / end / buck / lintel fixtures ICF assembly · In-house + local fab — quote TBD | UCC-1 equipment | 1 | $7,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-LABEL | ICF labeling / barcode station ICF assembly · Zebra / Honeywell class — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-RB-CNC | CNC rebar bender Rebar · U.S./NA dealer (KRB, Schnell, or used domestic) — quote TBD | Strong — serial machine, orderly liquidation | 1 | $58,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-RB-CUT | Rebar cutter Rebar · U.S. construction-equip dealer — quote TBD | Strong — serial machine, orderly liquidation | 1 | $14,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-RB-STIR | Stirrup bender Rebar · NA dealer — quote TBD | Strong — serial machine, orderly liquidation | 1 | $12,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-RB-STR | Straightener / decoiler (right-sized / used) Rebar · Used industrial — quote TBD | UCC-1 equipment | 1 | $8,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-RB-JIG | Cage / wall / opening / beam jigs Rebar · In-house fab — quote TBD | UCC-1 equipment | 1 | $8,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-RB-TIE | Automatic rebar tying tools Rebar · MAX / similar — quote TBD | UCC-1 equipment | 2 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-RB-TAG | Rebar tagging / mill-cert station Rebar · Label + rack — quote TBD | UCC-1 equipment | 1 | $1,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-PLASMA | CNC plasma table (4×8 class) Steel fab · U.S. (Hypertherm table class / used) — quote TBD | Strong — serial machine, orderly liquidation | 1 | $38,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-IRON | Ironworker Steel fab · Scotchman / similar U.S. — quote TBD | Strong — serial machine, orderly liquidation | 1 | $12,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-SHEAR | Hydraulic shear (small) Steel fab · Used industrial — quote TBD | Strong — serial machine, orderly liquidation | 1 | $8,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-BRAKE | Press brake (40–60T used) Steel fab · Used U.S. dealer — quote TBD | Strong — serial machine, orderly liquidation | 1 | $12,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-BAND | Band saw Steel fab · U.S. industrial — quote TBD | UCC-1 equipment | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-COLD | Cold saw Steel fab · U.S. industrial — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-DRILL | Drill press + magnetic drills Steel fab · Milwaukee / similar — quote TBD | UCC-1 equipment | 1 | $3,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-MIG | MIG welders Steel fab · Miller / Lincoln U.S. — quote TBD | UCC-1 equipment | 4 | $10,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-TIG | TIG welder Steel fab · Miller / Lincoln U.S. — quote TBD | UCC-1 equipment | 1 | $2,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-TABLES | Welding tables, fixtures, curtains Steel fab · U.S. weld-table — quote TBD | UCC-1 equipment | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-FUME | Welding fume extraction (cell) Steel fab · Lincoln / Donaldson class — quote TBD | UCC-1 equipment | 1 | $8,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-PANEL | CNC panel saw Floor + roof · U.S. wood CNC / used panel saw — quote TBD | Strong — serial machine, orderly liquidation | 1 | $18,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-BEAM | Beam saw Floor + roof · Construction saw dealer — quote TBD | UCC-1 equipment | 1 | $7,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-SAWS | Table / miter / chop saw package Floor + roof · SawStop + DeWalt class — quote TBD | UCC-1 equipment | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-ROUTER | CNC router (shared with cabinets) Floor + roof · U.S. CNC (ShopSabre / similar class) — quote TBD | Strong — serial machine, orderly liquidation | 1 | $18,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-TABLES | Floor and roof assembly / framing tables Floor + roof · In-house + truss-table analog — quote TBD | Strong — serial machine, orderly liquidation | 1 | $22,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-AIR | Pneumatic nailers / screw systems Floor + roof · Paslode / Milwaukee class — quote TBD | UCC-1 equipment | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-ADH | Adhesive and membrane stations Floor + roof · Construction supply — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FR-LIFT | Floor / roof lifting fixtures Floor + roof · In-house + rigging shop — quote TBD | UCC-1 equipment | 1 | $15,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-EL-CUT | Automatic wire cutter / stripper MEP prefab · Komax class / Schleuniger used — quote TBD | UCC-1 equipment | 1 | $8,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-EL-CRIMP | Crimp / terminal / wire-label kit MEP prefab · Panduit / Brady class — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-EL-BOARD | Harness boards and electrical benches MEP prefab · In-house — quote TBD | UCC-1 equipment | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-EL-COND | Conduit bender + cutter MEP prefab · Greenlee class — quote TBD | UCC-1 equipment | 1 | $3,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-EL-TEST | Electrical test kit (megger, GFCI, continuity) MEP prefab · Fluke class — quote TBD | UCC-1 equipment | 1 | $4,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-EL-PANEL | Panelboard assembly station MEP prefab · In-house + Square D / Eaton components — quote TBD | UCC-1 equipment | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-PL-PEX | PEX cutter / expander / crimp kit MEP prefab · Uponor / Milwaukee class — quote TBD | UCC-1 equipment | 1 | $3,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-PL-MAN | Plumbing manifold / module fixtures MEP prefab · In-house — quote TBD | UCC-1 equipment | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-PL-TEST | Plumbing pressure / leak test station MEP prefab · Test-pump dealers — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-HV-PLASMA | Small duct plasma cutter MEP prefab · U.S. HVAC plasma (used/new) — quote TBD | Strong — serial machine, orderly liquidation | 1 | $12,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-HV-PITT | Pittsburgh lock + brake MEP prefab · Lockformer class / used — quote TBD | Strong — serial machine, orderly liquidation | 1 | $10,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-HV-SEAM | Seamer / insulation / seal station MEP prefab · HVAC supply — quote TBD | UCC-1 equipment | 1 | $4,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CB-SAW | Cabinet panel saw Kitchen + bath · Used SCM / Altendorf class — quote TBD | Strong — serial machine, orderly liquidation | 1 | $10,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CB-EDGE | Edgebander Kitchen + bath · Used Holz-Her / SCM class — quote TBD | Strong — serial machine, orderly liquidation | 1 | $12,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CB-BORE | Hinge boring / drilling Kitchen + bath · Blum / Maggi class — quote TBD | UCC-1 equipment | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CB-ASM | Cabinet assembly tables and clamps Kitchen + bath · In-house — quote TBD | UCC-1 equipment | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CB-HW | Hardware insertion station Kitchen + bath · Cabinet supply — quote TBD | UCC-1 equipment | 1 | $2,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CB-TOP | Countertop cutting (bridge saw used) Kitchen + bath · Used stone saw — not waterjet — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CB-BATH | Shower / waterproofing station Kitchen + bath · Schluter / similar system tools — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-WD-TABLE | Glazing / window assembly tables Windows + doors · In-house — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-WD-LIFT | Glass suction lifters Windows + doors · Wood’s / similar — quote TBD | UCC-1 equipment | 1 | $3,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-WD-SEAL | Sealant dispensing Windows + doors · U.S. dispensing — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-WD-DOOR | Door fixtures and hardware station Windows + doors · In-house + hardware — quote TBD | UCC-1 equipment | 1 | $5,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FN-BOOTH | Paint spray booth Finishing · U.S. booth (Garmat class / used) — quote TBD | Strong — serial machine, orderly liquidation | 1 | $16,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FN-SPRAY | Airless / HVLP sprayers Finishing · Graco class — quote TBD | UCC-1 equipment | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FN-DW | Drywall cutting, lifts, taping tools Finishing · Construction supply — quote TBD | UCC-1 equipment | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FN-FL | Flooring / tile saws Finishing · MK / similar — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FN-MIX | Paint mixing and drying area equipment Finishing · Finish supply — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FN-EXT | Exterior siding / stucco tool package Finishing · Construction supply — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CT-MIX | Towable mixer (backup / remote) Concrete (field) · U.S. mixer dealer — quote TBD | UCC-1 equipment | 1 | $10,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CT-VIB | Concrete vibrators Concrete (field) · Wacker / similar — quote TBD | UCC-1 equipment | 4 | $3,200 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CT-SCREED | Screeds (including entry laser) Concrete (field) · Somero-class used / conventional — quote TBD | UCC-1 equipment | 1 | $7,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CT-TROW | Power trowel Concrete (field) · Whiteman class — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CT-WASH | Washout containment Concrete (field) · EHS supply — quote TBD | UCC-1 equipment | 1 | $2,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CT-KIT | Slump / air / cylinder field kit Concrete (field) · Humboldt / Forney class — quote TBD | UCC-1 equipment | 1 | $3,300 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CT-PUMP | Pump-access / hose / placement tools Concrete (field) · Concrete supply — quote TBD | UCC-1 equipment | 1 | $3,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-COMP | Compression tester (small frame) or lab access + frame QC laboratory · Forney / Test Mark class — quote TBD | Strong — serial machine, orderly liquidation | 1 | $10,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-BLOW | Blower-door kit QC laboratory · The Energy Conservatory / Retrotec — quote TBD | UCC-1 equipment | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-IR | Infrared camera QC laboratory · FLIR class — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-EL | Electrical testers (lab set) QC laboratory · Fluke class — quote TBD | UCC-1 equipment | 1 | $3,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-PL | Plumbing pressure gauges / pumps QC laboratory · Test equipment — quote TBD | UCC-1 equipment | 1 | $2,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-SURV | Laser levels + total station (shared field) QC laboratory · Leica / Topcon class — quote TBD | UCC-1 equipment | 1 | $7,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-DIM | Calipers / portable measurement QC laboratory · Mitutoyo class — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-MOI | Moisture meters QC laboratory · Delmhorst / similar — quote TBD | UCC-1 equipment | 1 | $1,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-QC-CAL | Calibration kit and torque tools QC laboratory · Calibration supply — quote TBD | UCC-1 equipment | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MN-WELD | Maintenance welder Maintenance · Miller class — quote TBD | UCC-1 equipment | 1 | $2,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MN-DRILL | Drill press Maintenance · U.S. industrial — quote TBD | UCC-1 equipment | 1 | $1,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MN-PRESS | Hydraulic press Maintenance · U.S. industrial — quote TBD | UCC-1 equipment | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MN-MILL | Mill or combo machine (used) Maintenance · Used machine tool — quote TBD | UCC-1 equipment | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MN-WASH | Parts washer Maintenance · Safety-Kleen class — quote TBD | UCC-1 equipment | 1 | $1,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MN-ALIGN | Alignment / lubrication tools Maintenance · Maint supply — quote TBD | UCC-1 equipment | 1 | $2,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MN-SPARES | Spare motors, belts, sensors, PLC, valves, cylinders Maintenance · OEM + Grainger class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $8,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-AIR-MAIN | Rotary screw compressor Utilities (air) · Atlas Copco / Ingersoll / Quincy class — quote TBD | Strong — serial machine, orderly liquidation | 1 | $13,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-AIR-BAK | Backup compressor (used) Utilities (air) · Used industrial — quote TBD | Strong — serial machine, orderly liquidation | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-AIR-DRY | Dryer, receiver, filtration Utilities (air) · Same OEM — quote TBD | Strong — serial machine, orderly liquidation | 1 | $8,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-AIR-PIPE | Distribution piping (equipment portion) Utilities (air) · AIRpipe / similar — quote TBD | Likely fixture — mortgage and UCC; counsel splits | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-SF-GUARD | Machine guarding kits Safety · OSHA-compliant fabricators — quote TBD | Weak recovery — still listed, haircut hard | 1 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-SF-LOTO | LOTO stations and locks Safety · Brady class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $2,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-SF-EYE | Eyewash stations Safety · Haws / similar — quote TBD | Weak recovery — still listed, haircut hard | 1 | $2,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-SF-PPE | PPE stations (hearing, respirators, first aid) Safety · Safety supply — quote TBD | Weak recovery — still listed, haircut hard | 1 | $2,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-SF-LIGHT | Light curtains (critical stations) Safety · Banner / similar — quote TBD | Weak recovery — still listed, haircut hard | 1 | $3,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-AM-CARTS | Autonomous / guided carts (AMR class starter) Material movement · MiR / OTTO / similar class used or new — quote TBD | UCC-1 equipment | 2 | $70,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-AM-DOLLIES | Smart dollies / roller / pallet movement Material movement · In-house + industrial caster / conveyor — quote TBD | UCC-1 equipment | 1 | $25,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-AM-TRACK | Location tracking (RFID / RTLS starter) Material movement · Zebra / Impinj class — quote TBD | UCC-1 equipment | 1 | $20,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CV-STATIONS | Inspection cameras at critical stations Computer vision QC · Cognex / Keyence / similar class — quote TBD | UCC-1 equipment | 1 | $50,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CV-SCAN | 3D / dimensional scan station Computer vision QC · Faro / similar class portable — quote TBD | UCC-1 equipment | 1 | $25,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CV-DETECT | Defect-detection software + integration Computer vision QC · Vision OEM + integrator — quote TBD | UCC-1 equipment | 1 | $15,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-KT-RACKS | Kitting racks / flow racks / supermarket Automated kitting · U.S. rack + in-house — quote TBD | UCC-1 equipment | 1 | $35,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-KT-PTL | Pick-to-light / barcode kitting Automated kitting · Lightning Pick / similar class — quote TBD | UCC-1 equipment | 1 | $20,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-KT-LABEL | Print / apply labeling for kits Automated kitting · Zebra class — quote TBD | UCC-1 equipment | 1 | $15,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-GD-ANDON | Station terminals / andon / scan-complete Guided stations · Industrial PC + scanners — quote TBD | UCC-1 equipment | 1 | $25,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-GD-WI | Digital work-instruction server Guided stations · MES module / VisualFactory class — quote TBD | UCC-1 equipment | 1 | $20,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-CLAMP | Alignment / clamp assist Assisted ICF cell · In-house + pneumatic / servo kit — quote TBD | UCC-1 equipment | 1 | $40,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-ADH | Adhesive dispense assist Assisted ICF cell · Graco / similar dispense — quote TBD | UCC-1 equipment | 1 | $25,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ICF-DIM | Dimensional fixtures / release assist Assisted ICF cell · In-house + sensors — quote TBD | UCC-1 equipment | 1 | $25,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-FEED | Measuring / feed assist Assisted steel / rebar · Cell integrator — quote TBD | UCC-1 equipment | 1 | $30,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-KITC | Kit conveyor / label Assisted steel / rebar · Conveyor + Zebra — quote TBD | UCC-1 equipment | 1 | $25,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-ST-ASSIST | Tie / weld assist (not a full robot cell) Assisted steel / rebar · Positioner + tooling — quote TBD | UCC-1 equipment | 1 | $15,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-PDM-SENS | Vibration / temperature / current sensors Predictive maintenance · Fluke / Banner / similar class — quote TBD | UCC-1 equipment | 1 | $20,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-PDM-GATE | Gateway / historian Predictive maintenance · Ignition / similar class — quote TBD | UCC-1 equipment | 1 | $15,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CTL-PLC | PLC / safety PLC / HMI integration Controls / integration · Siemens / Allen-Bradley class — quote TBD | UCC-1 equipment | 1 | $20,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-CTL-COMM | Commissioning / cell integration labor Controls / integration · Integrator (RFQ) — quote TBD | UCC-1 equipment | 1 | $15,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MH-FORK | Sit-down forklifts (used / late-model) Material handling · Toyota / Hyster dealer — quote TBD | Strong — serial machine, orderly liquidation | 2 | $64,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MH-PAL | Electric pallet jacks Material handling · Crown / Toyota class — quote TBD | UCC-1 equipment | 3 | $10,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MH-GANTRY | Gantry crane (5-ton class) Material handling · Spanco / Gorbel class — quote TBD | Likely fixture — mortgage and UCC; counsel splits | 1 | $28,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MH-JIB | Jib cranes Material handling · Gorbel class — quote TBD | Likely fixture — mortgage and UCC; counsel splits | 2 | $13,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MH-VAC | Vacuum / panel lifters Material handling · Anver / similar — quote TBD | UCC-1 equipment | 1 | $12,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MH-DOCK | Dock levelers Material handling · Rite-Hite class / used — quote TBD | Likely fixture — mortgage and UCC; counsel splits | 4 | $18,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-MH-RACK | Cantilever, pallet, steel, lumber racks Material handling · U.S. rack — quote TBD | UCC-1 equipment | 1 | $4,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FL-T1 | Class 8 tractor (used) Transport · U.S. used truck dealer — quote TBD | Certificate of title / lienholder | 1 | $48,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FL-FB | Flatbed trailers Transport · U.S. trailer (Fontaine / similar used) — quote TBD | Certificate of title / lienholder | 2 | $36,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FL-SEC | Load securement, GPS, ELD, DOT kit Transport · DOT / Qualcomm class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $7,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-FL-RIG | Rigging, spreader, slings, shackles Site erection · Lift-All / similar — quote TBD | UCC-1 equipment | 1 | $9,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-WS | Engineering workstations Digital factory · Dell / HP U.S. CAD class — quote TBD | Weak recovery — still listed, haircut hard | 4 | $14,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-MON | Dual / ultrawide monitors Digital factory · Dell / LG — quote TBD | Weak recovery — still listed, haircut hard | 1 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-LAP | Engineering / field laptops Digital factory · Dell / Lenovo — quote TBD | Weak recovery — still listed, haircut hard | 4 | $6,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-PLOT | Large-format plotter Digital factory · HP DesignJet class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $6,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-SCAN | Document scanner Digital factory · Fujitsu class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $1,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-3DP | 3D printer (fixture / prototype) Digital factory · U.S. desktop industrial — quote TBD | Weak recovery — still listed, haircut hard | 1 | $2,400 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-TAB | Shop-floor tablets Digital factory · iPad / Windows rugged-lite — quote TBD | Weak recovery — still listed, haircut hard | 8 | $4,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-RUG | Rugged field tablets Digital factory · Panasonic Toughbook class — quote TBD | Weak recovery — still listed, haircut hard | 4 | $3,600 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-BAR | Barcode printers and scanners Digital factory · Zebra class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $4,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-NAS | NAS / server Digital factory · Synology / Dell — quote TBD | Weak recovery — still listed, haircut hard | 1 | $5,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-NET | Switches and Wi-Fi 6 APs Digital factory · Cisco / Ubiquiti class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $4,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-FW | Firewall and UPS Digital factory · Fortinet / APC class — quote TBD | Weak recovery — still listed, haircut hard | 1 | $3,500 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| EQ-IT-PLC | PLC / HMI engineering station (lab) Digital factory · Siemens / Rockwell class laptop + licenses — quote TBD | Weak recovery — still listed, haircut hard | 1 | $14,000 | TBD — issued on the vendor invoice / nameplate at commissioning. Not invented in this file. |
| Pledgeable equipment and titles | $1,573,500 | ||||
On the budget, not on the lien — software $126,500
| SKU | Item | Year-1 seats |
|---|---|---|
| EQ-SW-BIM | Revit / AutoCAD / Navisworks seats | $12,000 |
| EQ-SW-STR | Structural analysis seat | $4,000 |
| EQ-SW-ERP | ERP / MES + machine connectivity | $48,000 |
| EQ-SW-SCHED | Production scheduler / factory dashboard | $22,000 |
| EQ-SW-TWIN | Digital twin / production data layer | $18,000 |
| EQ-SW-TRACE | House serial / digital birth certificate | $12,000 |
| EQ-SW-QMS | QMS / document control | $4,000 |
| EQ-SW-CRM | CRM | $2,000 |
| EQ-SW-WMS | Inventory / barcode software | $2,500 |
| EQ-SW-EST | Estimating / scheduling | $2,000 |
Roll-up
| Class | Description | Estimate | Lien |
|---|---|---|---|
| real-estate | 7-acre plant — Old Gentilly industrial corridor (NASA / Folgers street) The location pin is NASA Michoud Assembly Facility, 13800 Old Gentilly Road, New Orleans, LA 70129. The factory occupies 7 acres directly across that paved industrial street, on the same built-out strip as Folgers at 14601 and the Michoud Boulevard warehouses. The researched vacant tract across from 13800 is 55197 Old Gentilly Road (12.70 acres, MLS 2492745, $275,000 ask as of September 2026) — not owned. Adjacency is a manufacturing-location factor. It is not a NASA contract and it is not an appraisal. Purchase contract, survey, title, Phase I ESA, geotech, flood determination. Cost target, not a BPO. | $500,000 | First mortgage / 504 first + CDC second if stacked |
| real-estate | 40,000 SF factory — collateral once the structure is erected Building $1,000,000 + site $300,000. Used/relocated shell. This is not ‘nothing’ because it is not standing on application day. As-completed BPO / 504 appraisal is the opinion. Landlord waiver if leased instead of owned. | $1,200,000 | Same real-estate stack as land — as-completed mortgage |
| equipment | Phase I machines, handling, fleet, and IT hardware that can take a UCC or a title Software seats are excluded. Serials from vendor invoices. | $1,573,500 | UCC-1 blanket + specific filings on CNC / plasma / rebar / booth; titles on tractors, trailers, pickup, telehandler, mini-ex, skid |
| inventory | Initial raw materials and components (forms, rebar, steel, lumber, openings, MEP, finishes, appliances) Turns. Advance rate will be a fraction of cost. First-article materials included. | $175,000 | UCC inventory / proceeds |
| inventory | WIP and finished assemblies (once producing) Zero on Day 0. Becomes real after first houses enter the bay. Do not collateralize hoped-for WIP. | $0 | UCC inventory |
| other | Equipment deposits / progress payments Filled when quotes exist. Lender wants invoices, not a wish list. | $0 | Assignment of deposits where the vendor will sign |
| accounts | Accounts receivable (developer invoices) Zero until offtake ships. Not a Day-1 borrowing base. | $0 | UCC accounts / proceeds |
Real-estate register
| SKU | Description | Cost | Lien |
|---|---|---|---|
| RE-LAND-7AC | 7-acre plant — Old Gentilly corridor Old Gentilly Road industrial corridor, New Orleans East. Across from NASA at 13800 Old Gentilly Road, New Orleans, LA 70129. Target listing 55197 Old Gentilly Road, New Orleans, LA 70129 (not owned). Same street as Folgers. Not an appraisal. | $500,000 | First mortgage / 504 stack |
| RE-BLDG-001 | Used / relocated steel high-bay shell (~40,000 SF, 170' × 235') Used / relocated industrial — not Class A new. Collateral once erected. | $520,000 | Mortgage / 504 — as-completed plant |
| RE-BLDG-002 | Reinforced industrial slab (crane / fixture loads) Used / relocated industrial — not Class A new. Collateral once erected. | $205,000 | Mortgage / 504 — as-completed plant |
| RE-BLDG-003 | Overhead doors and four truck docks Used / relocated industrial — not Class A new. Collateral once erected. | $68,000 | Mortgage / 504 — as-completed plant |
| RE-BLDG-004 | Offices, lockers, break room, first aid, training Used / relocated industrial — not Class A new. Collateral once erected. | $45,000 | Mortgage / 504 — as-completed plant |
| RE-BLDG-005 | Electrical service, panels, LED, generator / ATS, utility drops Used / relocated industrial — not Class A new. Collateral once erected. | $85,000 | Mortgage / 504 — as-completed plant |
| RE-BLDG-006 | Fire alarm and sprinkler Used / relocated industrial — not Class A new. Collateral once erected. | $45,000 | Mortgage / 504 — as-completed plant |
| RE-BLDG-007 | HVAC for occupied areas + plant ventilation share Used / relocated industrial — not Class A new. Collateral once erected. | $20,000 | Mortgage / 504 — as-completed plant |
| RE-BLDG-008 | Security cameras and access control Used / relocated industrial — not Class A new. Collateral once erected. | $12,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-001 | Pad / yard clearing and rough grade (not 7-acre mass fill) Site work on the NASA / Folgers industrial street | $40,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-002 | Drainage and stormwater for the yard Site work on the NASA / Folgers industrial street | $32,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-003 | Heavy truck drives and aggregate yards Site work on the NASA / Folgers industrial street | $48,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-004 | Short utility taps (water, sewer/septic, electric, gas) — not a long main Site work on the NASA / Folgers industrial street | $45,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-005 | Fencing, gates, exterior lighting Site work on the NASA / Folgers industrial street | $18,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-006 | Minimal employee parking Site work on the NASA / Folgers industrial street | $5,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-007 | Signage Site work on the NASA / Folgers industrial street | $2,000 | Mortgage / 504 — as-completed plant |
| RE-SITE-008 | Trailer and finished-product gravel staging Site work on the NASA / Folgers industrial street | $10,000 | Mortgage / 504 — as-completed plant |
Lien package
- Unlimited personal guaranty — Philbert Andre Honore (20%+ owner)
- Blanket UCC-1 on the borrower (once formed): equipment, inventory, accounts, general intangibles
- Specific equipment list with serial numbers from invoices — the pledgeable register, not the software seats
- Vehicle titles with lender as lienholder (tractors, trailers, pickup, titled site equipment)
- First mortgage on land as-is; as-completed mortgage on the 40,000-SF plant and site once erected — 504 first / CDC second if stacked
- Assignment of leases and a landlord waiver if the plant is leased instead of purchased
- Assignment of key contracts (offtake, Manufacturing Leadership Agreement) if the lender requires
- Insurance: lender loss-payee on property, inland marine on equipment in transit, additional insured on GL, workers’ comp, auto, umbrella
- Life insurance on the principal as required by the lender
- Deposit account control if the lender requires (operating account of the manufacturer, not Paparazzi Marketing)
Not collateral
- Paparazzi Marketing Group LLC operating assets — affiliate, not this borrower, unless a separate pledge is negotiated and disclosed
- Ooh La La Boutique inventory
- The sister’s PhD, Terry’s résumé, or the board — those are credit factors, not collateral
- Software licenses, Autodesk seats, ERP subscriptions
- A contracted mobile crane the company does not own
- An EPS plant that is Phase 2 and not purchased
- Phase II/III in-house stack (foam press, batch plant, hotel line, KUKA factory) until invoiced
- Engineering, certification, payroll, and working-capital cash — spent, not lienable
- A NASA or Folgers relationship that has not been contracted — location is real; offtake is not
- Hoped-for 50-state approvals
- Paparazzi marketing receivables as if they were factory A/R
Never-blind checklist
- Every titled vehicle: VIN, title status, existing liens, insurance
- Every CNC / plasma / rebar / booth: make, model, serial, location, invoice
- Real estate: legal description, exceptions, environmental, flood zone, survey — Old Gentilly parcel, not a St. Tammany placeholder
- As-completed BPO / 504 appraisal that states NASA Michoud and Folgers as industrial neighbors
- Inventory: location, cost, slow-moving, consignment (none intended)
- Intercompany: no silent pledge of Paparazzi assets without affiliation disclosure
- Landlord waiver before any leasehold improvements are funded
- Replacement cost vs orderly liquidation — the lender will haircut this schedule
Uses schedule and every priced machine live on /budget. Named Phase II/III kit that is not purchased lives on /in-house.