Blasi Management LLC
Blasi Management LLC is located in Hutchinson, KS, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 504 loan ($1,122,000 SBA portion) on December 21, 2023 to finance real estate or equipment.
SBA 504 loan, approved Dec 21, 2023
- SBA (CDC) portion
- $1,122,000
- Bank portion
- $1,563,000
- Estimated project size
- $2,983,333 (estimated)
- Estimated owner equity
- $298,333 (estimated, about 10% of the project)
- Bank lender
- Emprise Bank, Wichita, KS
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 21, 2048 (estimated, approval date plus term)
- First disbursement
- Jul 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Reno County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 7% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- Average expansion loan in Kansas: $2,080,367.
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 Kansas
- Blasi Management LLC, Wichita