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The Waran Family Trust LLC

San Diego, CA · Site Preparation Contractors · NAICS 238910

The Waran Family Trust LLC is a site preparation contractor located in San Diego, California, in the Site Preparation Contractors industry (NAICS 238910). The company was approved for an SBA 504 loan of $1,461,000 through First-Citizens Bank & Trust Company, with Southland Economic Development Corporation as the certified development company, on May 18, 2026, to finance real estate or equipment.

SBA 504 loan, approved May 18, 2026

$1,461,000 SBA portionCDC: Southland Economic Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,461,000
Bank portion
$1,701,000
Estimated project size
$3,513,333 (estimated)
Estimated owner equity
$351,333 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Southland Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 18, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
10
Business type
Corporation
NAICS
238910, Site Preparation Contractors
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-53
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

  • Larger than 42% of expansion loans in Site Preparation Contractors on this site.
  • Average expansion loan in Site Preparation Contractors: $1,883,067.
  • 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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Same industry in California