5 Star Property LLC
5 Star Property LLC is located in Indianapolis, IN, and the SBA lists its industry as All Other Personal Services. It was approved for an SBA 504 loan ($1,449,000 SBA portion) on November 8, 2023 to finance real estate or equipment.
SBA 504 loan, approved Nov 8, 2023
- SBA (CDC) portion
- $1,449,000
- Bank portion
- $1,770,550
- Estimated project size
- $3,577,278 (estimated)
- Estimated owner equity
- $357,728 (estimated, about 10% of the project)
- Bank lender
- STAR Financial Bank, Fort Wayne, IN
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 8, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 812990, All Other Personal Services
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 39% of expansion loans in All Other Personal Services on this site.
- Average expansion loan in All Other Personal Services: $1,931,490.
- Average expansion loan in Indiana: $2,227,963.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Indiana
- Chapelview Wedding and Event Venue LLC, Rensselaer