La Rosa Del Monte Express Inc.
La Rosa Del Monte Express Inc. is a freight transportation arrangement business in Yonkers, New York, in the NAICS 488510 industry. It financed real estate or equipment through an SBA 504 loan of $2,945,000 approved on July 23, 2024, with Bank of America, National Association as the lender and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jul 23, 2024
$2,945,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,945,000
- Bank portion
- $3,600,000
- Estimated project size
- $7,272,222 (estimated)
- Estimated owner equity
- $727,222 (estimated, about 10% of the project)
- Bank lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 23, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 488510, Freight Transportation Arrangement
- Project location
- Westchester County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-16
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 71% of expansion loans in Freight Transportation Arrangement on this site.
- Average expansion loan in Freight Transportation Arrangement: $2,273,643.
- Average expansion loan in New York: $2,225,161.
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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