3250 Ramona Avenue, L.P.
3250 Ramona Avenue, L.P. is a business in Sacramento, CA, in the industry of promoters of performing arts, sports, and similar events with facilities. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $4,367,000, approved on August 22, 2025, through First-Citizens Bank & Trust Company and Southland Economic Development Corporation.
SBA 504 loan, approved Aug 22, 2025
$4,367,000 SBA portionCDC: Southland Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,367,000
- Bank portion
- $6,000,000
- Estimated project size
- $11,518,889 (estimated)
- Estimated owner equity
- $1,151,889 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 22, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 52
- Business type
- LLC or partnership
- NAICS
- 711310, Promoters of Performing Arts, Sports, and Similar Events with Facilities
- Project location
- Sacramento County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-6
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 91% of expansion loans in Promoters of Performing Arts, Sports, and Similar Events with Facilities on this site.
- Average expansion loan in Promoters of Performing Arts, Sports, and Similar Events with Facilities: $1,999,455.
- 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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