Main Street Registry

New Truck World Inc

Rancho Cucamonga, CA · Motor Vehicle Supplies and New Parts Merchant Wholesalers · NAICS 423120

New Truck World Inc is located in Rancho Cucamonga, California, and operates in motor vehicle supplies and new parts merchant wholesaling. The company financed real estate or equipment through an SBA 504 loan of $2,060,000, with Bank of America, National Association as the lender and Business Finance Capital as the certified development company, approved on March 9, 2026.

SBA 504 loan, approved Mar 9, 2026

$2,060,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,060,000
Bank portion
$2,300,000
Estimated project size
$4,844,444 (estimated)
Estimated owner equity
$484,444 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Business Finance Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 9, 2051 (estimated, approval date plus term)
First disbursement
Jul 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
423120, Motor Vehicle Supplies and New Parts Merchant Wholesalers
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-31
Collateral
Yes

Estimated share of project by source

Bank 47% SBA (CDC) 43% Owner 10%

  • Average expansion loan in Motor Vehicle Supplies and New Parts Merchant Wholesalers: $1,906,333.
  • 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