Cani Properties LLC
Cani Properties LLC, located in Deming, New Mexico, operates in the car washes industry (NAICS 811192). The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,127,000, approved on September 3, 2025, through First New Mexico Bank Las Cruces and Enchantment Land Certified Development Company.
SBA 504 loan, approved Sep 3, 2025
$1,127,000 SBA portionCDC: Enchantment Land Certified Development Company25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,127,000
- Bank portion
- $1,831,484
- Estimated project size
- $3,287,204 (estimated)
- Estimated owner equity
- $328,720 (estimated, about 10% of the project)
- Bank lender
- First New Mexico Bank Las Cruces, Las Cruces, NM
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- September 3, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 811192, Car Washes
- Project location
- Luna County, NM
- SBA district office
- New Mexico District Office
- Congressional district
- NM-2
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 15% of expansion loans in Car Washes on this site.
- Average expansion loan in Car Washes: $1,994,962.
- Average expansion loan in New Mexico: $2,251,714.
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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