Think Outside the Frame, a California Corporation
Think Outside the Frame, a California Corporation, is an art dealer based in Los Angeles, California, classified under NAICS code 459920. The company financed real estate or equipment through an SBA 504 loan of $1,033,000, approved on November 6, 2024, through the California Statewide Certified Development Corporation with Impact 504 Fund, LLC as the lender.
SBA 504 loan, approved Nov 6, 2024
$1,033,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,033,000
- Bank portion
- $1,375,000
- Estimated project size
- $2,675,556 (estimated)
- Estimated owner equity
- $267,556 (estimated, about 10% of the project)
- Bank lender
- Impact 504 Fund, LLC, Arlington, VA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 6, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 459920, Art Dealers
- 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 51% SBA (CDC) 39% Owner 10%
- Average expansion loan in Art Dealers: $1,773,500.
- 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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