Oli & Hali
Oli & Hali is located in Los Angeles, CA, and the SBA lists its industry as Clothing and Clothing Accessories Retailers. It was approved for an SBA 504 loan ($2,574,000 SBA portion) on October 11, 2024 to finance real estate or equipment.
SBA 504 loan, approved Oct 11, 2024
- SBA (CDC) portion
- $2,574,000
- Bank portion
- $3,142,000
- Estimated project size
- $6,351,111 (estimated)
- Estimated owner equity
- $635,111 (estimated, about 10% of the project)
- Bank lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 11, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 458110, Clothing and Clothing Accessories Retailers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-37
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 82% of expansion loans in Clothing and Clothing Accessories Retailers on this site.
- Average expansion loan in Clothing and Clothing Accessories Retailers: $1,913,179.
- 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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