In The Clover LLC
In The Clover LLC is located in Norwalk, CT, and the SBA lists its industry as All Other Miscellaneous Retailers. It was approved for an SBA 504 loan ($2,455,000 SBA portion) on May 19, 2025 to finance real estate or equipment.
SBA 504 loan, approved May 19, 2025
- SBA (CDC) portion
- $2,455,000
- Bank portion
- $3,000,000
- Estimated project size
- $6,061,111 (estimated)
- Estimated owner equity
- $606,111 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- May 19, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 459999, All Other Miscellaneous Retailers
- Project location
- Western Ct County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 79% of expansion loans in All Other Miscellaneous Retailers on this site.
- Average expansion loan in All Other Miscellaneous Retailers: $1,970,828.
- Average expansion loan in Connecticut: $2,313,333.
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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