Vr National Group LLC
Vr National Group LLC is located in Compton, CA, and the SBA lists its industry as General Freight Trucking, Long-Distance, Truckload. It was approved for an SBA 504 loan ($2,081,000 SBA portion) on November 24, 2023 to finance real estate or equipment.
SBA 504 loan, approved Nov 24, 2023
- SBA (CDC) portion
- $2,081,000
- Bank portion
- $2,542,450
- Estimated project size
- $5,137,167 (estimated)
- Estimated owner equity
- $513,717 (estimated, about 10% of the project)
- Bank lender
- CalPrivate Bank, La Jolla, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 24, 2048 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 484121, General Freight Trucking, Long-Distance, Truckload
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-44
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 54% of expansion loans in General Freight Trucking, Long-Distance, Truckload on this site.
- Average expansion loan in General Freight Trucking, Long-Distance, Truckload: $2,635,784.
- 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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