GC Belvedere, LLC
GC Belvedere, LLC is an entity in Holland, Michigan, in the industry of other activities related to real estate (NAICS 531390). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1.411 million, approved on March 5, 2026, through West Michigan Community Bank and Great Lakes Commercial Finance.
SBA 504 loan, approved Mar 5, 2026
$1,411,000 SBA portionCDC: Great Lakes Commercial Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,411,000
- Bank portion
- $1,949,000
- Estimated project size
- $3,733,333 (estimated)
- Estimated owner equity
- $373,333 (estimated, about 10% of the project)
- Bank lender
- West Michigan Community Bank, Hudsonville, MI
- 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
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 531390, Other Activities Related to Real Estate
- Project location
- Allegan County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-6
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 17% of expansion loans in Other Activities Related to Real Estate on this site.
- Average expansion loan in Other Activities Related to Real Estate: $2,021,417.
- Average expansion loan in Michigan: $2,050,489.
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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