Cerstin Cheatham
Cerstin Cheatham is located in Bend, OR, and the SBA lists its industry as Caterers. It was approved for an SBA 504 loan ($1,263,000 SBA portion) on January 17, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jan 17, 2024
- SBA (CDC) portion
- $1,263,000
- Bank portion
- $1,276,400
- Estimated project size
- $2,821,556 (estimated)
- Estimated owner equity
- $282,156 (estimated, about 10% of the project)
- Bank lender
- Evolve Bank and Trust, West Memphis, AR
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 17, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Individual
- NAICS
- 722320, Caterers
- Project location
- Deschutes County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-2
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 19% of expansion loans in Caterers on this site.
- Average expansion loan in Caterers: $1,887,963.
- 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.
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