JKB Majestic LLC
JKB Majestic LLC, located in Chino, California, operates in the Other Miscellaneous Durable Goods Merchant Wholesalers industry (NAICS 423990). The company financed real estate or equipment through an SBA 504 loan of $2,687,000, approved on April 15, 2025, with Happen Bank as the lender and Southland Economic Development Corporation as the certified development company.
SBA 504 loan, approved Apr 15, 2025
$2,687,000 SBA portionCDC: Southland Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,687,000
- Bank portion
- $6,092,172
- Estimated project size
- $9,754,636 (estimated)
- Estimated owner equity
- $975,464 (estimated, about 10% of the project)
- Bank lender
- Happen Bank, Lehi, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 15, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- San Bernardino County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-35
- Collateral
- Yes
Estimated share of project by source
Bank 62% SBA (CDC) 28% Owner 10%
- Larger than 62% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
- Average expansion loan in California: $2,161,468.
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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