Bagrat Sargsyan
Bagrat Sargsyan, located in Studio City, CA, operates in the television broadcasting stations industry (NAICS 516120). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,187,000, approved on April 16, 2024, through Cathay Bank and The Mortgage Capital Development Corporation.
SBA 504 loan, approved Apr 16, 2024
$1,187,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,187,000
- Bank portion
- $1,447,923
- Estimated project size
- $2,927,692 (estimated)
- Estimated owner equity
- $292,769 (estimated, about 10% of the project)
- Bank lender
- Cathay Bank, Los Angeles, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 16, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Individual
- NAICS
- 516120, Television Broadcasting Stations
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-28
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Television Broadcasting Stations: $1,187,000.
- 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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