Main Street Registry

Northridge Holdings, LLC

Decatur, AL · Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130

Northridge Holdings, LLC is located in Decatur, Alabama, and its industry is listed as lessors of miniwarehouses and self-storage units (NAICS 531130). The business financed real estate or equipment through an SBA 504 loan of $1,983,000, with Citizens Bank and Trust as the lender and the loan approved on February 3, 2025.

SBA 504 loan, approved Feb 3, 2025

$1,983,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,983,000
Bank portion
$2,422,305
Estimated project size
$4,894,783 (estimated)
Estimated owner equity
$489,478 (estimated, about 10% of the project)
Bank lender
Citizens Bank and Trust, Rock Port, MO
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 3, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
1
Business type
Corporation
NAICS
531130, Lessors of Miniwarehouses and Self-Storage Units
Project location
Morgan County, AL
SBA district office
Alabama District Office
Congressional district
AL-4
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 48% of expansion loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
  • Average expansion loan in Lessors of Miniwarehouses and Self-Storage Units: $2,754,774.
  • Average expansion loan in Alabama: $2,182,891.

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 Alabama