Michael's Fine Furniture
Michael's Fine Furniture, located in Gresham, Oregon, operates in the furniture retailers industry (NAICS 449110). The company financed real estate or equipment through an SBA 504 loan of $2,335,000, approved on April 22, 2026, through Bank of the Pacific with Cascade Capital Funding as the certified development company.
SBA 504 loan, approved Apr 22, 2026
$2,335,000 SBA portionCDC: Cascade Capital Funding25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,335,000
- Bank portion
- $2,830,500
- Estimated project size
- $5,739,444 (estimated)
- Estimated owner equity
- $573,944 (estimated, about 10% of the project)
- Bank lender
- Bank of the Pacific, Aberdeen, WA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 22, 2051 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Multnomah County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 55% of expansion loans in Furniture Retailers on this site.
- Average expansion loan in Furniture Retailers: $2,338,737.
- Average expansion loan in Oregon: $1,931,136.
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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Same industry in Oregon
- What's New?, Portland