Celebrations! Party Rentals & Tents
Celebrations! Party Rentals & Tents is a business in Lincoln, California, in the All Other Consumer Goods Rental industry. The company financed real estate or equipment through an SBA 504 loan of $5,000,000, approved on July 17, 2024, with River Valley Community Bank as the lender.
SBA 504 loan, approved Jul 17, 2024
$5,000,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $5,000,000
- Bank portion
- $15,500,000
- Estimated project size
- $22,777,778 (estimated)
- Estimated owner equity
- $2,277,778 (estimated, about 10% of the project)
- Bank lender
- River Valley Community Bank, Yuba City, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 17, 2049 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 532289, All Other Consumer Goods Rental
- Project location
- Placer County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-1
- Collateral
- Yes
Estimated share of project by source
Bank 68% SBA (CDC) 22% Owner 10%
- Average expansion loan in All Other Consumer Goods Rental: $2,124,333.
- 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
- La Pinata Party Rentals Inc., Gardena
- Hollywood Event Rentals Inc, Los Angeles