AB Magnolia Ave LLC
AB Magnolia Ave LLC is located in Riverside, CA, and the SBA lists its industry as Furniture Retailers. It was approved for an SBA 504 loan ($1,140,000 SBA portion) on April 21, 2025 to finance real estate or equipment.
SBA 504 loan, approved Apr 21, 2025
- SBA (CDC) portion
- $1,140,000
- Bank portion
- $1,405,000
- Estimated project size
- $2,827,778 (estimated)
- Estimated owner equity
- $282,778 (estimated, about 10% of the project)
- Bank lender
- New Day Commercial Capital, Laguna Hills, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 21, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Riverside County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-41
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Furniture Retailers: $2,338,737.
- 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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Same industry in California
- Galerie Provenance, Inc., Los Angeles
- What A room Furniture Inc, Commerce
- Cal Deals Furniture Inc., San Luis Obispo
- Martyn Lawrence Bullard Designs, Inc., West Hollywood
- 15200 Ventura LLC, Porter Ranch