Discount Signs & Neon Inc.
Discount Signs & Neon Inc. is a sign manufacturing business in San Mateo, CA, classified under NAICS 339950. The company financed real estate or equipment through an SBA 504 loan of $1,474,000, approved on February 27, 2025, with East West Bank as the lending partner and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Feb 27, 2025
$1,474,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,474,000
- Bank portion
- $1,438,000
- Estimated project size
- $3,235,556 (estimated)
- Estimated owner equity
- $323,556 (estimated, about 10% of the project)
- Bank lender
- East West Bank, Pasadena, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 27, 2050 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 339950, Sign Manufacturing
- Project location
- San Mateo County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-14
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 36% of expansion loans in Sign Manufacturing on this site.
- Average expansion loan in Sign Manufacturing: $2,263,909.
- 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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- Fusion Sign & Design, Inc., Whittier