Main Street Registry

13801 Ventura Blvd. LLC

Los Angeles, CA · Insurance Agencies and Brokerages · NAICS 524210

13801 Ventura Blvd. LLC is an insurance agencies and brokerages business located in Los Angeles, CA. The company financed real estate or equipment through an SBA 504 loan of $1,563,000, approved on October 5, 2023, with First-Citizens Bank & Trust Company as the bank and California Statewide Certified Development Corporation as the certified development company.

SBA 504 loan, approved Oct 5, 2023

$1,563,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,563,000
Bank portion
$1,911,000
Estimated project size
$3,860,000 (estimated)
Estimated owner equity
$386,000 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
California Statewide Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 5, 2048 (estimated, approval date plus term)
First disbursement
Jan 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
524210, Insurance Agencies and Brokerages
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-30
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 40% of expansion loans in Insurance Agencies and Brokerages on this site.
  • Average expansion loan in Insurance Agencies and Brokerages: $1,924,000.
  • Average expansion loan in California: $2,161,468.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in California