Mitchelle Investment Properties LLC
Mitchelle Investment Properties LLC is located in Fort Smith, Arkansas, and operates in the offices of physical, occupational and speech therapists, and audiologists industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,270,000, approved by Capital Certified Development Corporation with The First National Bank of Fort Smith as the lender, with a loan date of July 24, 2025.
SBA 504 loan, approved Jul 24, 2025
$2,270,000 SBA portionCDC: Capital Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,270,000
- Bank portion
- $2,917,144
- Estimated project size
- $5,763,493 (estimated)
- Estimated owner equity
- $576,349 (estimated, about 10% of the project)
- Bank lender
- The First National Bank of Fort Smith, Fort Smith, AR
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 24, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 621340, Offices of Physical, Occupational and Speech Therapists, and Audiologists
- Project location
- Sebastian County, AR
- SBA district office
- Arkansas District Office
- Congressional district
- AR-3
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Larger than 89% of expansion loans in Offices of Physical, Occupational and Speech Therapists, and Audiologists on this site.
- Average expansion loan in Offices of Physical, Occupational and Speech Therapists, and Audiologists: $1,568,000.
- Average expansion loan in Arkansas: $2,094,333.
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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