Gavigan's Home Furnishings
Gavigan's Home Furnishings is a furniture retailer in Linthicum Heights, Maryland, classified under NAICS code 449110 (Furniture Retailers). The business financed real estate or equipment through an SBA 504 loan of $5,000,000, which was approved on March 5, 2026, through the lender Capital Bank, National Association, with the certified development company Business Finance Group, Inc.
SBA 504 loan, approved Mar 5, 2026
$5,000,000 SBA portionCDC: Business Finance Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $5,000,000
- Bank portion
- $10,884,000
- Estimated project size
- $17,648,889 (estimated)
- Estimated owner equity
- $1,764,889 (estimated, about 10% of the project)
- Bank lender
- Capital Bank, National Association, Rockville, MD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 5, 2051 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 38
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Anne Arundel County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-2
- Collateral
- Yes
Estimated share of project by source
Bank 62% SBA (CDC) 28% Owner 10%
- Larger than 95% of expansion loans in Furniture Retailers on this site.
- Average expansion loan in Furniture Retailers: $2,338,737.
- Average expansion loan in Maryland: $2,350,795.
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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