523 8th Street, LLC
523 8th Street, LLC is located in Washington, DC, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 504 loan ($2,145,000 SBA portion) on August 8, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Aug 8, 2024 | $2,145,000 | $2,100,000 | $4,716,667 (estimated) | Bank of Clarke | Rappahannock Economic Development Corporation | 25 years | 60 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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Same industry in District of Columbia
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