Main Street Registry

Mason Motorsports, Inc.

Lake Elsinore, CA · All Other Miscellaneous Manufacturing · NAICS 339999

Mason Motorsports, Inc. is a business in Lake Elsinore, California, in the All Other Miscellaneous Manufacturing industry (NAICS 339999). It financed real estate or equipment through an SBA 504 loan of $3,170,000, approved on August 16, 2024, with First-Citizens Bank & Trust Company as the lender and Business Finance Capital as the certified development company.

SBA 504 loan, approved Aug 16, 2024

$3,170,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,170,000
Bank portion
$3,940,000
Estimated project size
$7,900,000 (estimated)
Estimated owner equity
$790,000 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Business Finance Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 16, 2049 (estimated, approval date plus term)
First disbursement
Aug 13, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
339999, All Other Miscellaneous Manufacturing
Project location
Riverside County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-42
Collateral
Yes

Estimated share of project by source

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

  • Larger than 62% of expansion loans in All Other Miscellaneous Manufacturing on this site.
  • Average expansion loan in All Other Miscellaneous Manufacturing: $2,743,762.
  • 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