El Eden Imports LLC
El Eden Imports LLC is a business in Conley, GA, in the industry of other miscellaneous durable goods merchant wholesalers (NAICS 423990). The company financed real estate or equipment through an SBA 504 loan of $1,079,000 approved on February 27, 2024, with Velocity Commerical Capital as the bank partner and Georgia Certified Development Corporation as the CDC.
SBA 504 loan, approved Feb 27, 2024
$1,079,000 SBA portionCDC: Georgia Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,079,000
- Bank portion
- $1,317,000
- Estimated project size
- $2,662,222 (estimated)
- Estimated owner equity
- $266,222 (estimated, about 10% of the project)
- Bank lender
- Velocity Commerical Capital, Laguna Hills, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 27, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Clayton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-5
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 8% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
- Average expansion loan in Georgia: $2,201,121.
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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