2110 West Thomas, LLC
2110 West Thomas, LLC is located in Hammond, LA, and the SBA lists its industry as Wine and Distilled Alcoholic Beverage Merchant Wholesalers. It was approved for an SBA 504 loan ($1,025,000 SBA portion) on October 10, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 10, 2023
- SBA (CDC) portion
- $1,025,000
- Bank portion
- $1,250,000
- Estimated project size
- $2,527,778 (estimated)
- Estimated owner equity
- $252,778 (estimated, about 10% of the project)
- Bank lender
- JP Morgan Chase Bank, N.A., Harahan, LA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- October 10, 2048 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 424820, Wine and Distilled Alcoholic Beverage Merchant Wholesalers
- Project location
- Tangipahoa County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Wine and Distilled Alcoholic Beverage Merchant Wholesalers: $1,502,000.
- Average expansion loan in Louisiana: $2,537,130.
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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