Kinghood International Logistics Inc.
Kinghood International Logistics Inc. is a freight transportation arrangement business in Jurupa Valley, California, under NAICS code 488510. The company was approved for an SBA 504 loan of $3,766,000 to finance real estate or equipment, with CTBC Bank Corp. (USA) as the bank partner and San Fernando Valley Small Business Development Corporation as the certified development company. The loan approval date was February 28, 2024.
SBA 504 loan, approved Feb 28, 2024
$3,766,000 SBA portionCDC: San Fernando Valley Small Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,766,000
- Bank portion
- $4,600,000
- Estimated project size
- $9,295,556 (estimated)
- Estimated owner equity
- $929,556 (estimated, about 10% of the project)
- Bank lender
- CTBC Bank Corp. (USA), Los Angeles, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 28, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Business type
- Corporation
- NAICS
- 488510, Freight Transportation Arrangement
- Project location
- Riverside County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-35
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 79% of expansion loans in Freight Transportation Arrangement on this site.
- Average expansion loan in Freight Transportation Arrangement: $2,273,643.
- 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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