2740 N Grand Ave LLC
2740 N Grand Ave LLC, located in Santa Ana, California, operates in the offices of lawyers industry (NAICS 541110). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,527,000 and a total project amount of $3,090,000, approved on August 20, 2024 by Citizens Business Bank National Association with Southland Economic Development Corporation as the certified development company.
SBA 504 loan, approved Aug 20, 2024
$2,527,000 SBA portionCDC: Southland Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,527,000
- Bank portion
- $3,090,000
- Estimated project size
- $6,241,111 (estimated)
- Estimated owner equity
- $624,111 (estimated, about 10% of the project)
- Bank lender
- Citizens Business Bank National Association, Ontario, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 20, 2049 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 541110, Offices of Lawyers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-45
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 82% of expansion loans in Offices of Lawyers on this site.
- Average expansion loan in Offices of Lawyers: $1,858,425.
- 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
- Ross, Wolcott, Teinert & Prout LLP, Newport Beach
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- Jwb Law, Apc, San Diego
- Jaime Barron, P.C., Los Angeles
- Eashoo Law, PC, San Marino
- Mortenson Taggart Adams LLP, Dana Point