B5 Lolo Drive, LLC
B5 Lolo Drive, LLC is located in Bend, OR, and the SBA lists its industry as Fitness and Recreational Sports Centers. It was approved for an SBA 504 loan ($1,006,000 SBA portion) on July 31, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jul 31, 2024
- SBA (CDC) portion
- $1,006,000
- Bank portion
- $1,223,500
- Estimated project size
- $2,477,222 (estimated)
- Estimated owner equity
- $247,722 (estimated, about 10% of the project)
- Bank lender
- Summit Bank, Eugene, OR
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 31, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 16, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Deschutes County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
- 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.
Same industry in Oregon
- Eugene Summit Fitness LLC, Eugene
- Anytime Fitness Redmond, Redmond
- 1045 Paiute LLC, Bend
- WCS Keizer, LLC, Keizer