Half Price Furniture, Inc.
Half Price Furniture, Inc. is a furniture merchant wholesaler in Las Vegas, Nevada, classified under the industry Furniture Merchant Wholesalers. The company financed real estate or equipment through an SBA 504 loan of $1,766,000, with City National Bank as the participating lender and The Mortgage Capital Development Corporation as the certified development company, with approval dated July 22, 2025.
SBA 504 loan, approved Jul 22, 2025
$1,766,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,766,000
- Bank portion
- $1,723,914
- Estimated project size
- $3,877,682 (estimated)
- Estimated owner equity
- $387,768 (estimated, about 10% of the project)
- Bank lender
- City National Bank, Los Angeles, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- July 22, 2050 (estimated, approval date plus term)
- First disbursement
- Nov 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 423210, Furniture Merchant Wholesalers
- Project location
- Clark County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-1
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 45% of expansion loans in Furniture Merchant Wholesalers on this site.
- Average expansion loan in Furniture Merchant Wholesalers: $2,143,550.
- Average expansion loan in Nevada: $2,098,935.
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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