2301 W Buckeye Rd LLC
2301 W Buckeye Rd LLC is a business in Phoenix, Arizona, in the industry of other commercial and industrial machinery and equipment rental and leasing (NAICS 532490). The company financed real estate or equipment through an SBA 504 loan of $1,065,000 from The Mortgage Capital Development Corporation, with First Bank of Alabama as the bank partner, with approval dated September 3, 2024.
SBA 504 loan, approved Sep 3, 2024
$1,065,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,065,000
- Bank portion
- $1,175,485
- Estimated project size
- $2,489,428 (estimated)
- Estimated owner equity
- $248,943 (estimated, about 10% of the project)
- Bank lender
- First Bank of Alabama, Talladega, AL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 3, 2049 (estimated, approval date plus term)
- First disbursement
- Jan 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 532490, Other Commercial and Industrial Machinery and Equipment Rental and Leasing
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-7
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Average expansion loan in Other Commercial and Industrial Machinery and Equipment Rental and Leasing: $1,827,667.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Arizona
- Broadcast Rentals Inc, Tempe