Main Street Registry

KAHGO Truck Parts

Los Angeles, CA · Automobile and Other Motor Vehicle Merchant Wholesalers · NAICS 423110

KAHGO Truck Parts, located in Los Angeles, California, operates in the automobile and other motor vehicle merchant wholesalers industry. The business financed real estate or equipment through an SBA 504 loan of $3,042,000, approved on December 27, 2024, with Servbank National Association as the bank partner and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Dec 27, 2024

$3,042,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,042,000
Bank portion
$3,785,000
Estimated project size
$7,585,556 (estimated)
Estimated owner equity
$758,556 (estimated, about 10% of the project)
Bank lender
Servbank National Association, Oswego, IL
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
December 27, 2049 (estimated, approval date plus term)
First disbursement
Apr 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
423110, Automobile and Other Motor Vehicle Merchant Wholesalers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-28
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Average expansion loan in Automobile and Other Motor Vehicle Merchant Wholesalers: $2,371,889.
  • 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