Petzold's Port Clinton Marina LLC
Petzold's Port Clinton Marina LLC, located in Clinton, CT, operates in the marinas industry (NAICS 713930). The company financed real estate or equipment through an SBA 504 loan of $1,255,000, approved on July 31, 2025, through Liberty Bank with New England Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jul 31, 2025
$1,255,000 SBA portionCDC: New England Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,255,000
- Bank portion
- $1,750,000
- Estimated project size
- $3,338,889 (estimated)
- Estimated owner equity
- $333,889 (estimated, about 10% of the project)
- Bank lender
- Liberty Bank, Middletown, CT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 31, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 713930, Marinas
- Project location
- Lower Ct River Vly County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-2
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in Marinas: $1,830,000.
- Average expansion loan in Connecticut: $2,313,333.
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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