Byers Gymnastics Rocklin
Byers Gymnastics Rocklin is a sports and recreation instruction business in Rocklin, California, in the NAICS 611620 industry. It financed real estate or equipment through an SBA 504 loan of $2,334,000, approved on May 2, 2024, with Bank of Marin as the bank and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved May 2, 2024
$2,334,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,334,000
- Bank portion
- $2,851,544
- Estimated project size
- $5,761,716 (estimated)
- Estimated owner equity
- $576,172 (estimated, about 10% of the project)
- Bank lender
- Bank of Marin, Novato, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 2, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 611620, Sports and Recreation Instruction
- Project location
- Placer County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 85% of expansion loans in Sports and Recreation Instruction on this site.
- Average expansion loan in Sports and Recreation Instruction: $1,653,800.
- 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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