MC52 Hoover LLC
MC52 Hoover LLC is located in National City, CA, and the SBA lists its industry as Special Needs Transportation. It was approved for an SBA 504 loan ($4,031,000 SBA portion) on February 3, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Feb 3, 2024 | $4,031,000 | $4,924,705 | $9,950,783 (estimated) | Tri Counties Bank | California Statewide Certified Development Corporation | 25 years | 50 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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