Albany Boat RV Storage, LLC
Albany Boat RV Storage, LLC is a business in Albany, OR, classified under General Warehousing and Storage. The company financed real estate or equipment through an SBA 504 loan of $1.89 million, with Bank Five Nine as the bank and The Mortgage Capital Development Corporation as the certified development company, approved on August 20, 2026.
SBA 504 loan, approved Aug 20, 2026
$1,890,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,890,000
- Bank portion
- $1,888,600
- Estimated project size
- $4,198,444 (estimated)
- Estimated owner equity
- $419,844 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- August 20, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 493110, General Warehousing and Storage
- Project location
- Linn County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-4
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 18% of expansion loans in General Warehousing and Storage on this site.
- Average expansion loan in General Warehousing and Storage: $3,265,773.
- Average expansion loan in Oregon: $1,931,136.
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.