Troy Bailey and Marlene Bailey
Troy Bailey and Marlene Bailey is located in El Segundo, CA, and the SBA lists its industry as Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures. It was approved for an SBA 504 loan ($3,189,000 SBA portion) on October 23, 2023 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Oct 23, 2023 | $3,189,000 | $6,156,500 | $10,383,889 (estimated) | Wells Fargo Bank National Association | The Mortgage Capital Development Corporation | 25 years | 11 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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