Main Street Registry

North Bonnie Beach Place LLC

Los Angeles, CA · Fresh Fruit and Vegetable Merchant Wholesalers · NAICS 424480

North Bonnie Beach Place LLC is a business in Los Angeles, California, in the fresh fruit and vegetable merchant wholesalers industry. It financed real estate or equipment through an SBA 504 loan of $2.67 million, approved on November 21, 2023, with CalPrivate Bank as the lender and Business Finance Capital as the certified development company.

SBA 504 loan, approved Nov 21, 2023

$2,670,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,670,000
Bank portion
$2,610,584
Estimated project size
$5,867,316 (estimated)
Estimated owner equity
$586,732 (estimated, about 10% of the project)
Bank lender
CalPrivate Bank, La Jolla, CA
CDC
Business Finance Capital
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
November 21, 2048 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
424480, Fresh Fruit and Vegetable Merchant Wholesalers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-27
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Average expansion loan in Fresh Fruit and Vegetable Merchant Wholesalers: $2,999,875.
  • 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