Placer Sporting Club, Inc.
Placer Sporting Club, Inc. of Roseville, California operates in the All Other Amusement and Recreation Industries sector. The business financed real estate or equipment through an SBA 504 loan of $1,062,000 approved on November 17, 2023, with Wells Fargo Bank National Association as the lender and California Statewide Certified Development Corporation as the certified development company.
SBA 504 loan, approved Nov 17, 2023
$1,062,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,062,000
- Bank portion
- $1,309,200
- Estimated project size
- $2,634,667 (estimated)
- Estimated owner equity
- $263,467 (estimated, about 10% of the project)
- Bank lender
- Wells Fargo Bank National Association, Sioux Falls, SD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 17, 2048 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Placer County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-4
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 8% of expansion loans in All Other Amusement and Recreation Industries on this site.
- Average expansion loan in All Other Amusement and Recreation Industries: $2,189,271.
- 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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