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Warren Liu and Szu Cheng, Trustee of the Szu Pu Cheng Family Trust, dated Septem

Chino, CA · Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers · NAICS 423610

Warren Liu and Szu Cheng, Trustee of the Szu Pu Cheng Family Trust, dated September, is a business located in Chino, California, in the electrical apparatus and equipment, wiring supplies, and related equipment merchant wholesalers industry (NAICS 423610). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,379,000, approved on March 11, 2024, with U.S.

SBA 504 loan, approved Mar 11, 2024

$2,379,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,379,000
Bank portion
$2,902,500
Estimated project size
$5,868,333 (estimated)
Estimated owner equity
$586,833 (estimated, about 10% of the project)
Bank lender
U.S. Bank, National Association, Cincinnati, OH
CDC
California Statewide Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 11, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
26
Business type
LLC or partnership
NAICS
423610, Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-35
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 56% of expansion loans in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers on this site.
  • Average expansion loan in Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers: $2,444,062.
  • 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