Grand M & M LLC
Grand M & M LLC is located in Escondido, CA, and the SBA lists its industry as Offices of All Other Miscellaneous Health Practitioners. It was approved for an SBA 504 loan ($1,150,000 SBA portion) on April 8, 2024 to finance real estate or equipment. This registry lists 2 loans for the company.
SBA 504 loan, approved Apr 8, 2024
- SBA (CDC) portion
- $1,150,000
- Bank portion
- $1,402,500
- Estimated project size
- $2,836,111 (estimated)
- Estimated owner equity
- $283,611 (estimated, about 10% of the project)
- Bank lender
- California Bank of Commerce, NA, San Diego, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 8, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 621399, Offices of All Other Miscellaneous Health Practitioners
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-50
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 11% of expansion loans in Offices of All Other Miscellaneous Health Practitioners on this site.
- Average expansion loan in Offices of All Other Miscellaneous Health Practitioners: $1,896,630.
- 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.
SBA 504 loan, approved Dec 10, 2023
- SBA (CDC) portion
- $1,041,000
- Bank portion
- $1,270,000
- Estimated project size
- $2,567,778 (estimated)
- Estimated owner equity
- $256,778 (estimated, about 10% of the project)
- Bank lender
- California Bank of Commerce, NA, San Diego, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 10, 2048 (estimated, approval date plus term)
- First disbursement
- Dec 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 621399, Offices of All Other Miscellaneous Health Practitioners
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-50
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 4% of expansion loans in Offices of All Other Miscellaneous Health Practitioners on this site.
- Average expansion loan in Offices of All Other Miscellaneous Health Practitioners: $1,896,630.
- 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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