Main Street Registry

15200 Ventura LLC

Porter Ranch, CA · Furniture Retailers · NAICS 449110

15200 Ventura LLC is a furniture retailer located in Porter Ranch, California. The business financed real estate or equipment through an SBA 504 loan with a SBA portion of $2.8 million, approved on October 14, 2023, through First-Citizens Bank & Trust Company and the California Statewide Certified Development Corporation.

SBA 504 loan, approved Oct 14, 2023

$2,796,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,796,000
Bank portion
$3,422,000
Estimated project size
$6,908,889 (estimated)
Estimated owner equity
$690,889 (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 14, 2048 (estimated, approval date plus term)
First disbursement
Jan 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
449110, Furniture Retailers
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 76% of expansion loans in Furniture Retailers on this site.
  • Average expansion loan in Furniture Retailers: $2,338,737.
  • 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