Qiu and Qu LA Property Holdings LLC
Qiu and Qu LA Property Holdings LLC, located in Santa Fe Springs, California, is classified under the industry of fish and seafood merchant wholesalers (NAICS 424460). The company financed real estate or equipment through an SBA 504 loan of $4,599,000, approved on April 10, 2024, with JPMorgan Chase Bank, National Association as the lender and Small Business Growth Corporation as the certified development company.
SBA 504 loan, approved Apr 10, 2024
$4,599,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,599,000
- Bank portion
- $6,525,000
- Estimated project size
- $12,360,000 (estimated)
- Estimated owner equity
- $1,236,000 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 10, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 424460, Fish and Seafood Merchant Wholesalers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-38
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Average expansion loan in Fish and Seafood Merchant Wholesalers: $4,599,000.
- 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
- Beish Holdings Inc., San Diego