MDM Holdings Property, LLC
MDM Holdings Property, LLC is a new car dealer located in National City, California, classified under NAICS 441110 (New Car Dealers). The company financed real estate or equipment through an SBA 504 loan of $4,725,000, with Zions Bancorporation, National Association as the lender and Southland Economic Development Corporation as the certified development company, with approval dated April 6, 2026.
SBA 504 loan, approved Apr 6, 2026
$4,725,000 SBA portionCDC: Southland Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,725,000
- Bank portion
- $5,750,000
- Estimated project size
- $11,638,889 (estimated)
- Estimated owner equity
- $1,163,889 (estimated, about 10% of the project)
- Bank lender
- Zions Bancorporation, National Association, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 6, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 441110, New Car Dealers
- Franchise
- General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-51
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 67% of expansion loans in New Car Dealers on this site.
- Average expansion loan in New Car Dealers: $3,138,111.
- 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.
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