Shiv Shakti Investments, LLC
Shiv Shakti Investments, LLC is a hotel and motel business in San Ysidro, California, classified under the industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan of $5,000,000, approved on January 14, 2025, with Cathay Bank as the lender and Bay Area Employment Development Company as the certified development company.
SBA 504 loan, approved Jan 14, 2025
$5,000,000 SBA portionCDC: Bay Area Employment Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $5,000,000
- Bank portion
- $5,292,000
- Estimated project size
- $11,435,556 (estimated)
- Estimated owner equity
- $1,143,556 (estimated, about 10% of the project)
- Bank lender
- Cathay Bank, Los Angeles, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 14, 2050 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Studio 6
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-51
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Larger than 90% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- 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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