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Nielsen, Peterson & Nielsen LLP

Ventura, CA · Offices of Lawyers · NAICS 541110

Nielsen, Peterson & Nielsen LLP is a law practice located in Ventura, California, in the Offices of Lawyers industry (NAICS 541110). The company financed real estate or equipment through an SBA 504 loan of $1,116,000, with First-Citizens Bank & Trust Company as the bank partner and Business Finance Capital as the certified development company, with approval dated May 16, 2024.

SBA 504 loan, approved May 16, 2024

$1,116,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,116,000
Bank portion
$1,336,500
Estimated project size
$2,725,000 (estimated)
Estimated owner equity
$272,500 (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
May 16, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
LLC or partnership
NAICS
541110, Offices of Lawyers
Project location
Ventura County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-24
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 11% 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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Same industry in California