Pemako Retreat Center LLC
Pemako Retreat Center LLC is a hotel and lodging business in Descanso, California, classified under the NAICS industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan of $1,484,000, approved on September 10, 2026, through a lender relationship with CalPrivate Bank and the Advantage Certified Development Corporation.
SBA 504 loan, approved Sep 10, 2026
$1,484,000 SBA portionCDC: Advantage Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,484,000
- Bank portion
- $2,055,000
- Estimated project size
- $3,932,222 (estimated)
- Estimated owner equity
- $393,222 (estimated, about 10% of the project)
- Bank lender
- CalPrivate Bank, La Jolla, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- September 10, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-50
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 20% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- 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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