Long Creek Construction Ltd
Long Creek Construction Ltd is located in Bowie, MD, and the SBA lists its industry as Residential Remodelers. It was approved for an SBA 504 loan ($1,128,000 SBA portion) on August 19, 2024 to finance real estate or equipment.
SBA 504 loan, approved Aug 19, 2024
- SBA (CDC) portion
- $1,128,000
- Bank portion
- $1,414,000
- Estimated project size
- $2,824,444 (estimated)
- Estimated owner equity
- $282,444 (estimated, about 10% of the project)
- Bank lender
- BayVanguard Bank, Sparrows Point, MD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 19, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 236118, Residential Remodelers
- Project location
- Prince Georges County, MD
- SBA district office
- Washington District Office
- Congressional district
- MD-4
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 43% of expansion loans in Residential Remodelers on this site.
- Average expansion loan in Residential Remodelers: $1,748,524.
- Average expansion loan in Maryland: $2,350,795.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Maryland
- Mid Atlantic Fire Restoration, Edgewood
- Vintage Vault Cellars LLC, Woodbine