4600 Sperry Street LLC
4600 Sperry Street LLC is located in Glendale, CA, and the SBA lists its industry as Fuel Dealers. It was approved for an SBA 504 loan ($1,580,000 SBA portion) on November 18, 2023 to finance real estate or equipment.
SBA 504 loan, approved Nov 18, 2023
- SBA (CDC) portion
- $1,580,000
- Bank portion
- $1,935,400
- Estimated project size
- $3,906,000 (estimated)
- Estimated owner equity
- $390,600 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 18, 2048 (estimated, approval date plus term)
- First disbursement
- Feb 14, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 457210, Fuel Dealers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-28
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Fuel Dealers: $1,412,667.
- 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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