Ufuk Levent and Yesim Levent
Ufuk Levent and Yesim Levent, located in Murfreesboro, Tennessee, operate in the industry of other miscellaneous durable goods merchant wholesalers. The business was financed with an SBA 504 loan that financed real estate or equipment through an SBA 504 loan of $1,987,000, approved on October 24, 2023, with Harvest Commercial Capital, LLC as the lender and Mid-Cumberland Area Development Corporation as the certified development company.
SBA 504 loan, approved Oct 24, 2023
$1,987,000 SBA portionCDC: Mid-Cumberland Area Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,987,000
- Bank portion
- $2,415,547
- Estimated project size
- $4,891,719 (estimated)
- Estimated owner equity
- $489,172 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- CDC
- Mid-Cumberland Area Development Corporation
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- October 24, 2048 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Individual
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Rutherford County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 45% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
- Average expansion loan in Tennessee: $2,402,643.
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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