Bay Area Activo, Inc.
Bay Area Activo, Inc. is located in San Jose, CA, and the SBA lists its industry as All Other Specialty Trade Contractors. It was approved for an SBA 504 loan ($2,669,000 SBA portion) on July 23, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jul 23, 2024
- SBA (CDC) portion
- $2,669,000
- Bank portion
- $3,257,962
- Estimated project size
- $6,585,513 (estimated)
- Estimated owner equity
- $658,551 (estimated, about 10% of the project)
- Bank lender
- Zions Bancorporation, N.A. dba Californi, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 23, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Santa Clara County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-18
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 87% of expansion loans in All Other Specialty Trade Contractors on this site.
- Average expansion loan in All Other Specialty Trade Contractors: $1,769,072.
- 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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