Grand Prix Motors, Inc.
Grand Prix Motors, Inc. is a used car dealer located in Portland, Oregon, classified under the industry Used Car Dealers. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,825,000, approved on July 30, 2025 through Harvest Commercial Capital, LLC and The Mortgage Capital Development Corporation.
SBA 504 loan, approved Jul 30, 2025
$3,825,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,825,000
- Bank portion
- $4,666,500
- Estimated project size
- $9,435,000 (estimated)
- Estimated owner equity
- $943,500 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 30, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 441120, Used Car Dealers
- Project location
- Multnomah County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 91% of expansion loans in Used Car Dealers on this site.
- Average expansion loan in Used Car Dealers: $1,930,870.
- Average expansion loan in Oregon: $1,931,136.
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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Same industry in Oregon
- Family Motor Company Inc, Tualatin
- Diplomat Motors Inc., Gresham