East Valley Pkwy, LLC
East Valley Pkwy, LLC is an elementary and secondary school operator located in Escondido, California. The company financed real estate or equipment through an SBA 504 loan of $1,559,000, approved on November 26, 2024, with US Bank as the partner lender and Advantage Certified Development Corporation as the certified development company.
SBA 504 loan, approved Nov 26, 2024
$1,559,000 SBA portionCDC: Advantage Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,559,000
- Bank portion
- $1,900,000
- Estimated project size
- $3,843,333 (estimated)
- Estimated owner equity
- $384,333 (estimated, about 10% of the project)
- Bank lender
- US Bank, St. Paul, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 26, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 611110, Elementary and Secondary Schools
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-50
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 37% of expansion loans in Elementary and Secondary Schools on this site.
- Average expansion loan in Elementary and Secondary Schools: $2,129,925.
- 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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