Main Street Registry

JOHNNY's PALLET WOODWORKS, INC.

La Puente, CA · Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers · NAICS 423310

JOHNNY's PALLET WOODWORKS, INC. is a business in La Puente, California, in the lumber, plywood, millwork, and wood panel merchant wholesaling industry. The company financed real estate or equipment through an SBA 504 loan of $3.73 million, approved November 1, 2023, with CalPrivate Bank as the partner lender and CDC Small Business Finance Corp. as the certified development company.

SBA 504 loan, approved Nov 1, 2023

$3,730,000 SBA portionCDC: CDC Small Business Finance Corp.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,730,000
Bank portion
$5,272,000
Estimated project size
$10,002,222 (estimated)
Estimated owner equity
$1,000,222 (estimated, about 10% of the project)
Bank lender
CalPrivate Bank, La Jolla, CA
CDC
CDC Small Business Finance Corp.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 1, 2048 (estimated, approval date plus term)
First disbursement
Mar 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
423310, Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-32
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% Owner 10%

  • Larger than 69% of expansion loans in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers on this site.
  • Average expansion loan in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers: $2,675,615.
  • 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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Same industry in California