Main Street Registry

Lux Garage Doors Corp.

Santa Fe Springs, CA · Other Building Material Dealers · NAICS 444180

Lux Garage Doors Corp. is located in Santa Fe Springs, California, and operates in the other building material dealers industry (NAICS 444180). The company financed real estate or equipment through an SBA 504 loan of $1,390,000, approved on October 10, 2024, with Commercial Bank of California as the lender and Business Finance Capital as the certified development company.

SBA 504 loan, approved Oct 10, 2024

$1,390,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,390,000
Bank portion
$2,150,000
Estimated project size
$3,933,333 (estimated)
Estimated owner equity
$393,333 (estimated, about 10% of the project)
Bank lender
Commercial Bank of California, Irvine, CA
CDC
Business Finance Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 10, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
50
Business type
Corporation
NAICS
444180, Other Building Material Dealers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-38
Collateral
Yes

Estimated share of project by source

Bank 55% SBA (CDC) 35% Owner 10%

  • Larger than 32% of expansion loans in Other Building Material Dealers on this site.
  • Average expansion loan in Other Building Material Dealers: $2,048,289.
  • 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