Crown Hall Properties, LLC
Crown Hall Properties, LLC is a caterer based in Mobile, Alabama, classified under NAICS code 722320. The company was approved for an SBA 504 loan of $1,661,000 through Live Oak Banking Company on June 3, 2024, to finance real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Jun 3, 2024
$1,661,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,661,000
- Bank portion
- $2,026,950
- Estimated project size
- $4,097,722 (estimated)
- Estimated owner equity
- $409,772 (estimated, about 10% of the project)
- Bank lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 3, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 722320, Caterers
- Project location
- Mobile County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 56% of expansion loans in Caterers on this site.
- Average expansion loan in Caterers: $1,887,963.
- Average expansion loan in Alabama: $2,182,891.
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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