Tahoe Asphalt, Inc.
Tahoe Asphalt, Inc. is located in South Lake Tahoe, CA, and the SBA lists its industry as Asphalt Paving Mixture and Block Manufacturing. It was approved for an SBA 504 loan ($1,696,000 SBA portion) on September 9, 2024 to finance real estate or equipment.
SBA 504 loan, approved Sep 9, 2024
- SBA (CDC) portion
- $1,696,000
- Bank portion
- $1,844,265
- Estimated project size
- $3,933,628 (estimated)
- Estimated owner equity
- $393,363 (estimated, about 10% of the project)
- Bank lender
- CalPrivate Bank, La Jolla, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- September 9, 2049 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Paid in full
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 324121, Asphalt Paving Mixture and Block Manufacturing
- Project location
- El Dorado County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-4
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Average expansion loan in Asphalt Paving Mixture and Block Manufacturing: $1,696,000.
- 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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