Retirement Grease Holdings LLC
Retirement Grease Holdings LLC is a business located in Anaheim, California, in the Independent Artists, Writers, and Performers industry (NAICS 711510). The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,068,000, approved on October 8, 2024, with East West Bank as the partner bank and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Oct 8, 2024
$1,068,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,068,000
- Bank portion
- $1,300,330
- Estimated project size
- $2,631,478 (estimated)
- Estimated owner equity
- $263,148 (estimated, about 10% of the project)
- Bank lender
- East West Bank, Pasadena, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 8, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 711510, Independent Artists, Writers, and Performers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-46
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Independent Artists, Writers, and Performers: $1,931,625.
- 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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