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ServiceMaster Restoration Services by Ideal Group

Hayward, CA · Site Preparation Contractors · NAICS 238910

ServiceMaster Restoration Services by Ideal Group is a site preparation contractor located in Hayward, California, in the NAICS industry for site preparation contractors. The company financed real estate or equipment through an SBA 504 loan of $1,095,000, with Bank of America, National Association as the lender and Bay Area Employment Development Company as the certified development company, approved on December 2, 2025.

SBA 504 loan, approved Dec 2, 2025

$1,095,000 SBA portionCDC: Bay Area Employment Development Company25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,095,000
Bank portion
$1,325,000
Estimated project size
$2,688,889 (estimated)
Estimated owner equity
$268,889 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Bay Area Employment Development Company
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
December 2, 2050 (estimated, approval date plus term)
First disbursement
Mar 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
238910, Site Preparation Contractors
Project location
Alameda County, CA
SBA district office
San Francisco District Office
Congressional district
CA-15
Collateral
Yes

Estimated share of project by source

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

  • Larger than 16% of expansion loans in Site Preparation Contractors on this site.
  • Average expansion loan in Site Preparation Contractors: $1,883,067.
  • 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