Main Street Registry

TRG Real Estate Co., Inc.

Los Angeles, CA · Offices of Real Estate Agents and Brokers · NAICS 531210

TRG Real Estate Co., Inc. is located in Los Angeles, California, and operates in the offices of real estate agents and brokers industry (NAICS 531210). The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $506,900, approved by The Bancorp Bank National Association on May 13, 2024.

SBA 7(a) loan, change of ownership, approved May 13, 2024

$506,900 approvedLender: The Bancorp Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$506,900
SBA-guaranteed amount
$380,175 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
May 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$6,490 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 26, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
531210, Offices of Real Estate Agents and Brokers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-28
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Average acquisition loan in Offices of Real Estate Agents and Brokers: $1,593,492.
  • Average acquisition loan in California: $1,688,228.

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