Big Daddy's Antiques
Big Daddy's Antiques is a furniture merchant wholesaler located in Carpinteria, California. The business financed real estate or equipment through an SBA 504 loan of $1,097,000, approved on May 16, 2024, with JPMorgan Chase & Co. as the bank partner and CDC Small Business Finance Corp. as the certified development company.
SBA 504 loan, approved May 16, 2024
$1,097,000 SBA portionCDC: CDC Small Business Finance Corp.25 years termPaid in fullLoan details
- SBA (CDC) portion
- $1,097,000
- Bank portion
- $1,315,444
- Estimated project size
- $2,680,493 (estimated)
- Estimated owner equity
- $268,049 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase & Co., New York City, NY
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- May 16, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 11, 2024
- Loan status
- Paid in full
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 423210, Furniture Merchant Wholesalers
- Project location
- Santa Barbara County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-24
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 5% of expansion loans in Furniture Merchant Wholesalers on this site.
- Average expansion loan in Furniture Merchant Wholesalers: $2,143,550.
- 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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