California Waterproofing Supply
California Waterproofing Supply is a wholesale trade agents and brokers business located in Orange, CA. The company financed real estate or equipment through an SBA 504 loan of $3.1 million, with U.S. Bank, National Association as the lender and Business Finance Capital as the certified development company, with approval dated February 7, 2024.
SBA 504 loan, approved Feb 7, 2024
$3,100,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,100,000
- Bank portion
- $5,995,590
- Estimated project size
- $10,106,211 (estimated)
- Estimated owner equity
- $1,010,621 (estimated, about 10% of the project)
- Bank lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 7, 2049 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 425120, Wholesale Trade Agents and Brokers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-39
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 79% of expansion loans in Wholesale Trade Agents and Brokers on this site.
- Average expansion loan in Wholesale Trade Agents and Brokers: $2,215,429.
- 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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