CB Procurement, a California Corporation.
CB Procurement, a California Corporation. is located in Compton, CA, and the SBA lists its industry as Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing. It was approved for an SBA 504 loan ($5,500,000 SBA portion) on December 18, 2025 to finance real estate or equipment.
SBA 504 loan, approved Dec 18, 2025
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $7,912,317
- Estimated project size
- $14,902,574 (estimated)
- Estimated owner equity
- $1,490,257 (estimated, about 10% of the project)
- Bank lender
- American Business Bank, Anaheim, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 18, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 532412, Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-40
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Average expansion loan in Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing: $2,777,667.
- 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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