San Fernando Valley Pallet Company, Inc.
San Fernando Valley Pallet Company, Inc. is a wood container and pallet manufacturer located in the Pacoima area of Los Angeles, California. The company financed real estate or equipment through an SBA 504 loan of $1,921,000, approved on March 22, 2024, with First-Citizens Bank & Trust Company as the bank partner and Business Finance Capital as the certified development company.
SBA 504 loan, approved Mar 22, 2024
$1,921,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,921,000
- Bank portion
- $2,300,000
- Estimated project size
- $4,690,000 (estimated)
- Estimated owner equity
- $469,000 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 22, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 321920, Wood Container and Pallet Manufacturing
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-29
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Wood Container and Pallet Manufacturing: $2,589,222.
- 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
- Tere Pallets Corporation, Baldwin Park