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Nordean Law, Apc

Tustin, CA · Offices of Lawyers · NAICS 541110

Nordean Law, APC is an offices of lawyers business located in Tustin, California, classified under NAICS code 541110. The company financed real estate or equipment through an SBA 504 loan of $1.19 million, approved on December 9, 2024, through First-Citizens Bank & Trust Company with Business Finance Capital as the certified development company, and the loan reports 6 jobs.

SBA 504 loan, approved Dec 9, 2024

$1,192,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,192,000
Bank portion
$1,450,000
Estimated project size
$2,935,556 (estimated)
Estimated owner equity
$293,556 (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
December 9, 2049 (estimated, approval date plus term)
First disbursement
Apr 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
541110, Offices of Lawyers
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-45
Collateral
Yes

Estimated share of project by source

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

  • Larger than 19% 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