Lincoln Road Properties LLC
Lincoln Road Properties LLC is a business in Columbus, Ohio, classified under the industry Drinking Places (Alcoholic Beverages), NAICS code 722410. The company financed real estate or equipment through an SBA 504 loan of $1,384,000, with First Financial Bank as the bank partner and Community Capital Development Corporation as the certified development company, approved on April 12, 2024.
SBA 504 loan, approved Apr 12, 2024
$1,384,000 SBA portionCDC: Community Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,384,000
- Bank portion
- $1,689,558
- Estimated project size
- $3,415,064 (estimated)
- Estimated owner equity
- $341,506 (estimated, about 10% of the project)
- Bank lender
- First Financial Bank, Cincinnati, OH
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 12, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 16, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 722410, Drinking Places (Alcoholic Beverages)
- Project location
- Franklin County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 58% of expansion loans in Drinking Places (Alcoholic Beverages) on this site.
- Average expansion loan in Drinking Places (Alcoholic Beverages): $1,516,000.
- Average expansion loan in Ohio: $2,096,556.
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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