105 N Pasadena Street LLC
105 N Pasadena Street LLC is a business in Gilbert, Arizona, in the Administrative Management and General Management Consulting Services industry (NAICS 541611). The company financed real estate or equipment through an SBA 504 loan of $1,297,000 from First Fidelity Bank, with The Mortgage Capital Development Corporation as the certified development company, approved on September 27, 2024.
SBA 504 loan, approved Sep 27, 2024
$1,297,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,297,000
- Bank portion
- $1,581,000
- Estimated project size
- $3,197,778 (estimated)
- Estimated owner equity
- $319,778 (estimated, about 10% of the project)
- Bank lender
- First Fidelity Bank, Oklahoma City, OK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 27, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 541611, Administrative Management and General Management Consulting Services
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-5
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Administrative Management and General Management Consulting Services: $1,784,429.
- Average expansion loan in Arizona: $2,074,452.
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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