DeMont Family Swim School
DeMont Family Swim School, located in Tucson, Arizona, operates in the Sports and Recreation Instruction industry (NAICS 611620). The business financed real estate or equipment through an SBA 504 loan of $1,576,000 with Busey Bank as the partner lender and Arizona Capital Source as the certified development company, with approval dated June 26, 2025.
SBA 504 loan, approved Jun 26, 2025
$1,576,000 SBA portionCDC: Arizona Capital Source25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,576,000
- Bank portion
- $2,392,508
- Estimated project size
- $4,409,453 (estimated)
- Estimated owner equity
- $440,945 (estimated, about 10% of the project)
- Bank lender
- Busey Bank, Champaign, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 26, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 611620, Sports and Recreation Instruction
- Project location
- Pima County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-2
- Collateral
- Yes
Estimated share of project by source
Bank 54% SBA (CDC) 36% Owner 10%
- Larger than 55% of expansion loans in Sports and Recreation Instruction on this site.
- Average expansion loan in Sports and Recreation Instruction: $1,653,800.
- Average expansion loan in Arizona: $2,074,452.
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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