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The Joe and Marcia Slyman Family Trust dated April 28, 2007

Henderson, NV · Full-Service Restaurants · NAICS 722511

The Joe and Marcia Slyman Family Trust dated April 28, 2007, located in Henderson, NV, operates in the full-service restaurants industry (NAICS 722511). The business financed real estate or equipment through an SBA 504 loan of $1,965,000, approved on April 18, 2024, with First Bank of the Lake as the lender and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Apr 18, 2024

$1,965,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,965,000
Bank portion
$3,230,350
Estimated project size
$5,772,611 (estimated)
Estimated owner equity
$577,261 (estimated, about 10% of the project)
Bank lender
First Bank of the Lake, Osage Beach, MO
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 18, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
16
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Clark County, NV
SBA district office
Nevada District Office
Congressional district
NV-3
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 73% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • 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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Same industry in Nevada