Furniture & Mattress Discounters, LLC
Furniture & Mattress Discounters, LLC is a furniture retail business in Glendale, Arizona, classified under the industry Furniture Retailers. The company financed real estate or equipment through an SBA 504 loan of $2,365,000, approved on April 11, 2025, with Arizona Financial Credit Union as the lender and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Apr 11, 2025
$2,365,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,365,000
- Bank portion
- $3,384,000
- Estimated project size
- $6,387,778 (estimated)
- Estimated owner equity
- $638,778 (estimated, about 10% of the project)
- Bank lender
- Arizona Financial Credit Union, Phoenix, AZ
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 11, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-6
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 61% of expansion loans in Furniture Retailers on this site.
- Average expansion loan in Furniture Retailers: $2,338,737.
- 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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Same industry in Arizona
- Vertex Custom Cabinetry, LLC, Tempe
- PB Ware, LLC, Mesa
- Furniture Land LLC, Yuma
- Cherokee Land Corporation, Lakeside