Universal Appliance and Kitchen Center
Universal Appliance and Kitchen Center, located in Mission Viejo, California, operates in the electronics and appliance retail industry. The company financed real estate or equipment through an SBA 504 loan with a $1.86 million SBA portion, approved on February 11, 2025, through lender Morgan Stanley Bank, National Association, with The Mortgage Capital Development Corporation serving as the certified development company.
SBA 504 loan, approved Feb 11, 2025
$1,860,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,860,000
- Bank portion
- $2,270,000
- Estimated project size
- $4,588,889 (estimated)
- Estimated owner equity
- $458,889 (estimated, about 10% of the project)
- Bank lender
- Morgan Stanley Bank, National Association, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 11, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 449210, Electronics and Appliance Retailers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-45
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 40% of expansion loans in Electronics and Appliance Retailers on this site.
- Average expansion loan in Electronics and Appliance Retailers: $2,294,800.
- 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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