Aaron Pierro and Christel Pierro, Trustees of The Pierro Family Revocable Living
Aaron Pierro and Christel Pierro, Trustees of The Pierro Family Revocable Living, is a landscaping services business in Las Vegas, Nevada. The company financed real estate or equipment through an SBA 504 loan of $1,067,000, with MidFirst Bank as the lender and The Mortgage Capital Development Corporation as the certified development company, with approval dated October 30, 2024.
SBA 504 loan, approved Oct 30, 2024
$1,067,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,067,000
- Bank portion
- $1,423,500
- Estimated project size
- $2,767,222 (estimated)
- Estimated owner equity
- $276,722 (estimated, about 10% of the project)
- Bank lender
- MidFirst Bank, Oklahoma City, OK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 30, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 76
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Clark County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-4
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Larger than 13% of expansion loans in Landscaping Services on this site.
- Average expansion loan in Landscaping Services: $1,532,130.
- Average expansion loan in Nevada: $2,098,935.
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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