Holland Estate Properties, LLC
Holland Estate Properties, LLC is a caterer in Simpsonville, SC, classified under NAICS 722320. The company financed real estate or equipment through an SBA 504 loan of $1,455,000 with a term of 300 months, approved on April 29, 2024, through TowneBank and Appalachian Development Corporation.
SBA 504 loan, approved Apr 29, 2024
$1,455,000 SBA portionCDC: Appalachian Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,455,000
- Bank portion
- $1,591,052
- Estimated project size
- $3,384,502 (estimated)
- Estimated owner equity
- $338,450 (estimated, about 10% of the project)
- Bank lender
- TowneBank, Portsmouth, VA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 29, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 14, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 722320, Caterers
- Project location
- Greenville County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-3
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Larger than 37% of expansion loans in Caterers on this site.
- Average expansion loan in Caterers: $1,887,963.
- Average expansion loan in South Carolina: $2,088,205.
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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