1650 Adams, LLC
1650 Adams, LLC is located in Beverly Hills, CA, and the SBA lists its industry as Offices of Physicians (except Mental Health Specialists). It was approved for an SBA 504 loan ($5,000,000 SBA portion) on November 17, 2023 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Nov 17, 2023 | $5,000,000 | $13,750,000 | $20,833,333 (estimated) | First-Citizens Bank & Trust Company | The Mortgage Capital Development Corporation | 25 years | 8 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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