Eastbay Motorcars
Eastbay Motorcars, located in Pleasanton, California, is classified in the used car dealers industry (NAICS 441120). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,028,000, approved on October 10, 2024, through the California Statewide Certified Development Corporation with Citizens Business Bank National Association as the lender.
SBA 504 loan, approved Oct 10, 2024
$1,028,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,028,000
- Bank portion
- $1,250,000
- Estimated project size
- $2,531,111 (estimated)
- Estimated owner equity
- $253,111 (estimated, about 10% of the project)
- Bank lender
- Citizens Business Bank National Association, Ontario, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 10, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 441120, Used Car Dealers
- Project location
- Alameda County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-15
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 4% of expansion loans in Used Car Dealers on this site.
- Average expansion loan in Used Car Dealers: $1,930,870.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in California
- Prestige Motorsport, Rancho Cordova
- Carbeeco Arctic LLC, Lake Forest
- John R. Lake, Stacey L. Lake, Mitchell J. Lake, and Katrina M. Lake, Santa Cruz
- Private Collection Motors, Inc., Santa Ana
- Unique Auto Center, Oxnard
- Premium Autos Inc., Norco
- High Class Auto Sales, LLC, Rancho Cordova
- 4A's Investment, LLC, Sacramento