20645 Bahama Street LLC
20645 Bahama Street LLC is a company in Los Angeles, California, in the other millwork (including flooring) industry. It financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,683,000, approved through First-Citizens Bank & Trust Company and the certified development company Business Finance Capital, with an approval date of July 15, 2026.
SBA 504 loan, approved Jul 15, 2026
$1,683,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,683,000
- Bank portion
- $2,282,000
- Estimated project size
- $4,405,556 (estimated)
- Estimated owner equity
- $440,556 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 15, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 321918, Other Millwork (including Flooring)
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-25
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in Other Millwork (including Flooring): $1,844,800.
- 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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