24/7 Comfort, Inc
24/7 Comfort, Inc is located in Altadena, CA, and the SBA lists its industry as All Other Home Furnishings Retailers. It was approved for an SBA 504 loan ($1,198,000 SBA portion) on July 8, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jul 8, 2024
- SBA (CDC) portion
- $1,198,000
- Bank portion
- $1,462,000
- Estimated project size
- $2,955,556 (estimated)
- Estimated owner equity
- $295,556 (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 8, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 11, 2024
- Loan status
- Paid in full
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 449129, All Other Home Furnishings Retailers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-27
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 23% of expansion loans in All Other Home Furnishings Retailers on this site.
- Average expansion loan in All Other Home Furnishings Retailers: $1,558,154.
- 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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