City Paws Uptown LLC
City Paws Uptown LLC is a pet care services business (except veterinary) located in Minneapolis, Minnesota. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,249,000, approved on December 19, 2023, through 21st Century Bank and Twin Cities-Metro Certified Development Company.
SBA 504 loan, approved Dec 19, 2023
$1,249,000 SBA portionCDC: Twin Cities-Metro Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,249,000
- Bank portion
- $1,434,000
- Estimated project size
- $2,981,111 (estimated)
- Estimated owner equity
- $298,111 (estimated, about 10% of the project)
- Bank lender
- 21st Century Bank, Loretto, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 19, 2048 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 812910, Pet Care (except Veterinary) Services
- Project location
- Hennepin County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-5
- Collateral
- Yes
Estimated share of project by source
Bank 48% SBA (CDC) 42% Owner 10%
- Larger than 50% of expansion loans in Pet Care (except Veterinary) Services on this site.
- Average expansion loan in Pet Care (except Veterinary) Services: $1,613,071.
- Average expansion loan in Minnesota: $2,136,981.
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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