The Oliva Renderos Family Trust
The Oliva Renderos Family Trust is located in Lancaster, CA, in the Other Support Activities for Road Transportation industry (NAICS 488490). The business financed real estate or equipment through an SBA 504 loan of $1,048,000 with Commercial Bank of California and Business Finance Capital, approved on January 26, 2024.
SBA 504 loan, approved Jan 26, 2024
$1,048,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,048,000
- Bank portion
- $1,150,000
- Estimated project size
- $2,442,222 (estimated)
- Estimated owner equity
- $244,222 (estimated, about 10% of the project)
- Bank lender
- Commercial Bank of California, Irvine, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 26, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- LLC or partnership
- NAICS
- 488490, Other Support Activities for Road Transportation
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-8
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Average expansion loan in Other Support Activities for Road Transportation: $2,197,333.
- 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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Same industry in California
- California Parking Systems Inc., Los Angeles