Marmita's Property Holding LLC
Marmita's Property Holding LLC, located in Worcester, Massachusetts, operates in the automotive oil change and lubrication shops industry. The company was approved for an SBA 504 loan of $2,468,000 through lender Harvest Commercial Capital, LLC, with Bay Colony Development Corporation as the certified development company, and the approval date is listed as September 29, 2026.
SBA 504 loan, approved Sep 29, 2026
$2,468,000 SBA portionCDC: Bay Colony Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,468,000
- Bank portion
- $3,000,000
- Estimated project size
- $6,075,556 (estimated)
- Estimated owner equity
- $607,556 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 29, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 811191, Automotive Oil Change and Lubrication Shops
- Project location
- Worcester County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Automotive Oil Change and Lubrication Shops: $1,439,111.
- Average expansion loan in Massachusetts: $2,009,683.
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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