Main Street Registry

8531 Almond Avenue LLC

Fontana, CA · Other Miscellaneous Durable Goods Merchant Wholesalers · NAICS 423990

8531 Almond Avenue LLC is a business in Fontana, California, classified under NAICS 423990 as Other Miscellaneous Durable Goods Merchant Wholesalers. The company financed real estate or equipment through an SBA 504 loan of $2,007,000, approved on July 22, 2024, with CTBC Bank Corp. (USA) as the lender and San Fernando Valley Small Business Development Corporation as the certified development company.

SBA 504 loan, approved Jul 22, 2024

$2,007,000 SBA portionCDC: San Fernando Valley Small Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,007,000
Bank portion
$6,503,083
Estimated project size
$9,455,648 (estimated)
Estimated owner equity
$945,565 (estimated, about 10% of the project)
Bank lender
CTBC Bank Corp. (USA), Los Angeles, CA
CDC
San Fernando Valley Small Business Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
July 22, 2049 (estimated, approval date plus term)
First disbursement
Oct 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
423990, Other Miscellaneous Durable Goods Merchant Wholesalers
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-31
Collateral
Yes

Estimated share of project by source

Bank 69% SBA (CDC) 21% Owner 10%

  • Larger than 47% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
  • Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
  • 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