HCB Real Estate Holding SD LLC
HCB Real Estate Holding SD LLC is located in Box Elder, SD, and the SBA lists its industry as Drinking Places (Alcoholic Beverages). It was approved for an SBA 504 loan ($1,895,000 SBA portion) on June 25, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jun 25, 2024
- SBA (CDC) portion
- $1,895,000
- Bank portion
- $2,018,600
- Estimated project size
- $4,348,444 (estimated)
- Estimated owner equity
- $434,844 (estimated, about 10% of the project)
- Bank lender
- Black Hills FCU, Rapid City, SD
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- June 25, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 722410, Drinking Places (Alcoholic Beverages)
- Project location
- Pennington County, SD
- SBA district office
- South Dakota District Office
- Congressional district
- SD-0
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Larger than 79% of expansion loans in Drinking Places (Alcoholic Beverages) on this site.
- Average expansion loan in Drinking Places (Alcoholic Beverages): $1,516,000.
- Average expansion loan in South Dakota: $2,152,356.
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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