Estrella Mountain Lago, LLC
Estrella Mountain Lago, LLC is a full-service restaurant business located in Goodyear, Arizona, classified under NAICS code 722511. The company financed real estate or equipment through an SBA 504 loan of $2,143,000 (the SBA portion), with First Fidelity Bank as the partner lender and The Mortgage Capital Development Corporation as the certified development company, with approval dated March 27, 2024.
SBA 504 loan, approved Mar 27, 2024
$2,143,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,143,000
- Bank portion
- $2,618,611
- Estimated project size
- $5,290,679 (estimated)
- Estimated owner equity
- $529,068 (estimated, about 10% of the project)
- Bank lender
- First Fidelity Bank, Oklahoma City, OK
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 27, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 55
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 78% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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