Singh Disposal USA
Singh Disposal USA is located in Los Angeles, CA, and the SBA lists its industry as Materials Recovery Facilities. It was approved for an SBA 504 loan ($2,660,000 SBA portion) on December 5, 2023 to finance real estate or equipment.
SBA 504 loan, approved Dec 5, 2023
- SBA (CDC) portion
- $2,660,000
- Bank portion
- $3,250,377
- Estimated project size
- $6,567,086 (estimated)
- Estimated owner equity
- $656,709 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- December 5, 2048 (estimated, approval date plus term)
- First disbursement
- Mar 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 562920, Materials Recovery Facilities
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-28
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Materials Recovery Facilities: $2,660,000.
- 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
- Eco Waste Management, Inc., Adelanto