Main Street Registry

Terre Haute Properties, LLC

Terre Haute, IN · New Car Dealers · NAICS 441110

Terre Haute Properties, LLC is a business in Terre Haute, Indiana, in the new car dealers industry (NAICS 441110). The company financed real estate or equipment through an SBA 504 loan of $1,594,000, with First Financial Bank, National Association as the bank partner and Indiana Statewide Certified Development Corporation as the certified development company, with approval dated August 16, 2024.

SBA 504 loan, approved Aug 16, 2024

$1,594,000 SBA portionCDC: Indiana Statewide Certified Development Corporation20 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,594,000
Bank portion
$2,225,000
Estimated project size
$4,243,333 (estimated)
Estimated owner equity
$424,333 (estimated, about 10% of the project)
Bank lender
First Financial Bank, National Association, Terre Haute, IN
CDC
Indiana Statewide Certified Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
20 years (240 months)
Estimated maturity
August 16, 2044 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
18
Business type
Corporation
NAICS
441110, New Car Dealers
Project location
Vigo County, IN
SBA district office
Indiana District Office
Congressional district
IN-8
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 22% of expansion loans in New Car Dealers on this site.
  • Average expansion loan in New Car Dealers: $3,138,111.
  • Average expansion loan in Indiana: $2,227,963.

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 Indiana