9403 owns the five lots comprising the Lachute property, while Carrière Sablière Principale Lachute operates stone and sand quarries from the site and serves construction and excavation customers. The business ordinarily employs at least five people, and its value depends heavily on maintaining the quarry as an operating enterprise.
RBC extended 9403 two term facilities totalling $6.15 million under a September 4, 2024 credit agreement. As of November 28, 2025, 9403 owed RBC at least $5.76 million, excluding continuing interest, fees and other adjustments. The debtors also guaranteed obligations of affiliated Excavation National Inc., which owed RBC at least $7.67 million as of May 8, 2026 and was placed into receivership on June 8…