Main Street Registry

S & J Adventures, LLC

Mesa, AZ · Elementary and Secondary Schools · NAICS 611110

S & J Adventures, LLC is a business in Mesa, Arizona, in the Elementary and Secondary Schools industry. It financed real estate or equipment through an SBA 504 loan of $2,069,000, approved on February 12, 2024, with BNC National Bank as the lender and The Mortgage Capital Development Corporation as the certified development company. The loan was reported with 10 jobs and a business age of existing or more than 2 years old.

SBA 504 loan, approved Feb 12, 2024

$2,069,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,069,000
Bank portion
$2,200,000
Estimated project size
$4,743,333 (estimated)
Estimated owner equity
$474,333 (estimated, about 10% of the project)
Bank lender
BNC National Bank, Glendale, AZ
CDC
The Mortgage Capital Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
February 12, 2049 (estimated, approval date plus term)
First disbursement
Apr 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
611110, Elementary and Secondary Schools
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-5
Collateral
Yes

Estimated share of project by source

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

  • Larger than 60% of expansion loans in Elementary and Secondary Schools on this site.
  • Average expansion loan in Elementary and Secondary Schools: $2,129,925.
  • Average expansion loan in Arizona: $2,074,452.

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 Arizona