Main Street Registry

Xila Financial

Hayward, CA · Offices of Real Estate Agents and Brokers · NAICS 531210

Xila Financial is located in Hayward, CA, and the SBA lists its industry as Offices of Real Estate Agents and Brokers. It was approved for an SBA 504 loan ($1,253,000 SBA portion) on August 12, 2024 to finance real estate or equipment.

SBA 504 loan, approved Aug 12, 2024

SBA (CDC) portion
$1,253,000
Bank portion
$1,527,545
Estimated project size
$3,089,494 (estimated)
Estimated owner equity
$308,949 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 12, 2049 (estimated, approval date plus term)
First disbursement
Dec 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
531210, Offices of Real Estate Agents and Brokers
Project location
Alameda County, CA
SBA district office
San Francisco District Office
Congressional district
CA-15
Collateral
Yes

Estimated share of project by source

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

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