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CMB Investments LLC

Los Alamitos, CA · Site Preparation Contractors · NAICS 238910

CMB Investments LLC, located in Los Alamitos, CA, operates in site preparation contracting (NAICS 238910). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,028,000, approved on February 6, 2024, through JPMorgan Chase Bank, National Association and California Statewide Certified Development Corporation.

SBA 504 loan, approved Feb 6, 2024

$1,028,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,028,000
Bank portion
$1,250,000
Estimated project size
$2,531,111 (estimated)
Estimated owner equity
$253,111 (estimated, about 10% of the project)
Bank lender
JPMorgan Chase Bank, National Association, Columbus, OH
CDC
California Statewide Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 6, 2049 (estimated, approval date plus term)
First disbursement
Apr 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
50
Business type
Corporation
NAICS
238910, Site Preparation Contractors
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-47
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 2% of expansion loans in Site Preparation Contractors on this site.
  • Average expansion loan in Site Preparation Contractors: $1,883,067.
  • 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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Same industry in California