Warners & Dullard, LLC
Warners & Dullard, LLC is a business in Fountain Valley, California, in the plumbing and heating equipment and supplies (hydronics) merchant wholesalers industry. The company financed real estate or equipment through an SBA 504 loan of $2,295,000, approved on September 6, 2024, through First-Citizens Bank & Trust Company, with Business Finance Capital as the certified development company.
SBA 504 loan, approved Sep 6, 2024
$2,295,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,295,000
- Bank portion
- $2,840,000
- Estimated project size
- $5,705,556 (estimated)
- Estimated owner equity
- $570,556 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 6, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 423720, Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-48
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers: $2,273,857.
- 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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