J&J Land Holdings Company, LLC
J&J Land Holdings Company, LLC is a business in Gilroy, California, in the meat and meat product merchant wholesalers industry. The company was approved for an SBA 504 loan of $2,661,000 on July 15, 2024, through West Coast Community Bank, and the loan financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Jul 15, 2024
$2,661,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,661,000
- Bank portion
- $3,250,000
- Estimated project size
- $6,567,778 (estimated)
- Estimated owner equity
- $656,778 (estimated, about 10% of the project)
- Bank lender
- West Coast Community Bank, Santa Cruz, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 15, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 38
- Business type
- Corporation
- NAICS
- 424470, Meat and Meat Product Merchant Wholesalers
- Project location
- Santa Clara County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-19
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Meat and Meat Product Merchant Wholesalers: $3,035,250.
- 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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Same industry in California
- C & H Meat Company, Hayward
- Don Jose Chicharrones, Compton
- Interstate Foods, Inc., Compton
- Los Altos Beef Inc, Los Angeles