EHI Holdings LLC
EHI Holdings LLC is a full-service restaurant business in Provincetown, Massachusetts, classified under NAICS 722511. The company was approved for an SBA 504 loan of $1,365,000 on December 22, 2023, through Cape & Islands Community Development, Inc. with Webster Bank National Association as the participating lender, and the SBA 504 loan financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Dec 22, 2023
$1,365,000 SBA portionCDC: Cape & Islands Community Development, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,365,000
- Bank portion
- $1,670,000
- Estimated project size
- $3,372,222 (estimated)
- Estimated owner equity
- $337,222 (estimated, about 10% of the project)
- Bank lender
- Webster Bank National Association, Waterbury, CT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 22, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Barnstable County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-9
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 37% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- Average expansion loan in Massachusetts: $2,009,683.
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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