Michael Burgis & Associates, P.C.
Michael Burgis & Associates, P.C., located in West Covina, CA, operates in the offices of lawyers industry (NAICS 541110). The company financed real estate or equipment through an SBA 504 loan of $1,641,000 (the SBA portion), approved on September 30, 2025, with Bank of America, National Association as the lender and Business Finance Capital as the certified development company.
SBA 504 loan, approved Sep 30, 2025
$1,641,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,641,000
- Bank portion
- $1,995,000
- Estimated project size
- $4,040,000 (estimated)
- Estimated owner equity
- $404,000 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2050 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 541110, Offices of Lawyers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-32
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 54% of expansion loans in Offices of Lawyers on this site.
- Average expansion loan in Offices of Lawyers: $1,858,425.
- 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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