French Village Real Estate, LLC
French Village Real Estate, LLC is a business in East St. Louis, Illinois, in the industry of commercial air, rail, and water transportation equipment rental and leasing (NAICS 532411). The company financed real estate or equipment through an SBA 504 loan of $1,319,000 approved on November 26, 2024, with FCB Banks as the lender and Small Business Growth Corporation as the CDC.
SBA 504 loan, approved Nov 26, 2024
$1,319,000 SBA portionCDC: Small Business Growth Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,319,000
- Bank portion
- $1,610,000
- Estimated project size
- $3,254,444 (estimated)
- Estimated owner equity
- $325,444 (estimated, about 10% of the project)
- Bank lender
- FCB Banks, Collinsville, IL
- 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
- 6
- Business type
- Corporation
- NAICS
- 532411, Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing
- Project location
- Saint Clair County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-12
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing: $1,319,000.
- Average expansion loan in Illinois: $2,310,827.
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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