City Center Parking, Inc.
City Center Parking, Inc. is a parking lot and garage business in Los Angeles, California, classified under NAICS 812930 (Parking Lots and Garages). The company financed real estate or equipment through an SBA 504 loan of $1,539,000 approved on September 2, 2025, with Columbia Bank as the lender and Business Finance Capital as the certified development company.
SBA 504 loan, approved Sep 2, 2025
$1,539,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,539,000
- Bank portion
- $1,875,000
- Estimated project size
- $3,793,333 (estimated)
- Estimated owner equity
- $379,333 (estimated, about 10% of the project)
- Bank lender
- Columbia Bank, Lake Oswego, OR
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 2, 2050 (estimated, approval date plus term)
- First disbursement
- Dec 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 812930, Parking Lots and Garages
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-34
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Parking Lots and Garages: $1,539,000.
- 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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