Main Street Registry

3046 Florence Avenue LLC

Huntington Park, CA · Coin-Operated Laundries and Drycleaners · NAICS 812310

3046 Florence Avenue LLC is located in Huntington Park, CA, and the SBA lists its industry as Coin-Operated Laundries and Drycleaners. It was approved for an SBA 504 loan ($2,149,000 SBA portion) on March 7, 2024 to finance real estate or equipment.

SBA 504 loan, approved Mar 7, 2024

SBA (CDC) portion
$2,149,000
Bank portion
$2,100,000
Estimated project size
$4,721,111 (estimated)
Estimated owner equity
$472,111 (estimated, about 10% of the project)
Bank lender
EverTrust Bank, City of Industry, CA
CDC
Business Finance Capital
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
March 7, 2049 (estimated, approval date plus term)
First disbursement
Jun 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
812310, Coin-Operated Laundries and Drycleaners
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-40
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% 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