Valley Street Properties LLC
Valley Street Properties LLC is located in Pasadena, California, and is classified under the industry Offices of Physicians (except Mental Health Specialists). The company financed real estate or equipment through an SBA 504 loan of $3,924,000, approved on June 27, 2024, with Bank of America, National Association as the bank partner and the California Statewide Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jun 27, 2024
- SBA (CDC) portion
- $3,924,000
- Bank portion
- $4,793,500
- Estimated project size
- $9,686,111 (estimated)
- Estimated owner equity
- $968,611 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 27, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-27
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 90% of expansion loans in Offices of Physicians (except Mental Health Specialists) on this site.
- Average expansion loan in Offices of Physicians (except Mental Health Specialists): $2,141,987.
- 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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