Main Street Registry

Lions Investment & Trading Inc.

Corona, CA · Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers · NAICS 423310

Lions Investment & Trading Inc. is located in Corona, California, and is classified under NAICS 423310, Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $5,374,000, approved on January 11, 2024, with First-Citizens Bank & Trust Company as the lender and Southland Economic Development Corporation as the certified development company.

SBA 504 loan, approved Jan 11, 2024

$5,374,000 SBA portionCDC: Southland Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$5,374,000
Bank portion
$7,400,000
Estimated project size
$14,193,333 (estimated)
Estimated owner equity
$1,419,333 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Southland Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 11, 2049 (estimated, approval date plus term)
First disbursement
Oct 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
423310, Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
Project location
Riverside County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-42
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 92% of expansion loans in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers on this site.
  • Average expansion loan in Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers: $2,675,615.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California