Main Street Registry

Mark Andersen & Associates, Realtors, Inc.

Covina, CA · Residential Property Managers · NAICS 531311

Mark Andersen & Associates, Realtors, Inc. is a residential property management business in Covina, CA, classified under NAICS 531311. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,000,000, through lender Port 51 Lending LLC, with approval dated May 29, 2026.

SBA 7(a) loan, change of ownership, approved May 29, 2026

$2,000,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,000,000
SBA-guaranteed amount
$1,500,000 (75% of the approval)
Lender
Port 51 Lending LLC, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
May 29, 2036 (estimated, approval date plus term)
Estimated monthly payment
$25,880 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 12, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
531311, Residential Property Managers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-32
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 87% of acquisition loans in Residential Property Managers on this site.
  • Average acquisition loan in Residential Property Managers: $1,260,244.
  • Average acquisition loan in California: $1,688,228.

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 California