5300 Tradex Parkway LLC
5300 Tradex Parkway LLC is a general warehousing and storage business located in Cleveland, Ohio. The company financed real estate or equipment through an SBA 504 loan of $1,509,000, approved on December 31, 2024, with First Commonwealth Bank as the partner bank and Growth Capital Corp. as the certified development company.
SBA 504 loan, approved Dec 31, 2024
$1,509,000 SBA portionCDC: Growth Capital Corp.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,509,000
- Bank portion
- $1,841,600
- Estimated project size
- $3,722,889 (estimated)
- Estimated owner equity
- $372,289 (estimated, about 10% of the project)
- Bank lender
- First Commonwealth Bank, Indiana, PA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 31, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 493110, General Warehousing and Storage
- Project location
- Cuyahoga County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-9
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 9% of expansion loans in General Warehousing and Storage on this site.
- Average expansion loan in General Warehousing and Storage: $3,265,773.
- Average expansion loan in Ohio: $2,096,556.
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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