Main Street Registry

Premier Legal Inc.

Encinitas, CA · Offices of Lawyers · NAICS 541110

Premier Legal Inc. is a business in Encinitas, CA, in the offices of lawyers industry (NAICS 541110). The company financed real estate or equipment through an SBA 504 loan of $2,358,000 (the SBA portion), approved on April 30, 2024, with US Bank as the partner lender and California Statewide Certified Development Corporation as the certified development company.

SBA 504 loan, approved Apr 30, 2024

$2,358,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,358,000
Bank portion
$3,824,500
Estimated project size
$6,869,444 (estimated)
Estimated owner equity
$686,944 (estimated, about 10% of the project)
Bank lender
US Bank, St. Paul, MN
CDC
California Statewide Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 30, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
541110, Offices of Lawyers
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-49
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 78% 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