Main Street Registry

S & L Patel Assets LLC

Newark, CA · All Other Professional, Scientific, and Technical Services · NAICS 541990

S & L Patel Assets LLC is located in Newark, California, and operates in All Other Professional, Scientific, and Technical Services (NAICS 541990). The company financed real estate or equipment through an SBA 504 loan of $1,394,000, approved on August 7, 2025, with JPMorgan Chase Bank, National Association as the bank lender and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Aug 7, 2025

$1,394,000 SBA portionCDC: The Mortgage Capital Development Corporation20 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,394,000
Bank portion
$1,700,000
Estimated project size
$3,437,778 (estimated)
Estimated owner equity
$343,778 (estimated, about 10% of the project)
Bank lender
JPMorgan Chase Bank, National Association, Columbus, OH
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
20 years (240 months)
Estimated maturity
August 7, 2045 (estimated, approval date plus term)
First disbursement
Jan 14, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
541990, All Other Professional, Scientific, and Technical Services
Project location
Alameda County, CA
SBA district office
San Francisco District Office
Congressional district
CA-17
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 42% of expansion loans in All Other Professional, Scientific, and Technical Services on this site.
  • Average expansion loan in All Other Professional, Scientific, and Technical Services: $1,882,695.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California