Main Street Registry

R J Fashion Inc

Hemet, CA · Clothing and Clothing Accessories Retailers · NAICS 458110

R J Fashion Inc is a clothing and clothing accessories retailer located in Hemet, California. The company financed real estate or equipment through an SBA 504 loan of $1,353,000 from Western Alliance Bank, with the loan approved on October 9, 2024.

SBA 504 loan, approved Oct 9, 2024

$1,353,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,353,000
Bank portion
$1,320,000
Estimated project size
$2,970,000 (estimated)
Estimated owner equity
$297,000 (estimated, about 10% of the project)
Bank lender
Western Alliance Bank, Phoenix, AZ
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 9, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
458110, Clothing and Clothing Accessories Retailers
Project location
Riverside County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-36
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 29% of expansion loans in Clothing and Clothing Accessories Retailers on this site.
  • Average expansion loan in Clothing and Clothing Accessories Retailers: $1,913,179.
  • 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