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Kreit Mechanical Associates, Inc. (2)

Los Angeles, CA · Plumbing, Heating, and Air-Conditioning Contractors · NAICS 238220

Kreit Mechanical Associates, Inc. (2) is a plumbing, heating, and air-conditioning contractor located in Los Angeles, California, in the NAICS 238220 industry. The company financed real estate or equipment through an SBA 504 loan of $2,941,000, with City National Bank as the bank lender and the California Statewide Certified Development Corporation as the CDC, with a loan approval date of March 9, 2026.

SBA 504 loan, approved Mar 9, 2026

$2,941,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,941,000
Bank portion
$3,557,463
Estimated project size
$7,220,514 (estimated)
Estimated owner equity
$722,051 (estimated, about 10% of the project)
Bank lender
City National Bank, Los Angeles, CA
CDC
California Statewide Certified Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
March 9, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
238220, Plumbing, Heating, and Air-Conditioning Contractors
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-29
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 86% of expansion loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
  • Average expansion loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,998,914.
  • 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