Main Street Registry

Olive Lover Investments LLC

Pasadena, CA · Offices of Real Estate Agents and Brokers · NAICS 531210

Olive Lover Investments LLC is a real estate office in Pasadena, California, in the offices of real estate agents and brokers industry. The company financed real estate or equipment through an SBA 504 loan of $1,638,000, approved on October 29, 2024, with Tri Counties Bank as the lender and Southland Economic Development Corporation as the certified development company.

SBA 504 loan, approved Oct 29, 2024

$1,638,000 SBA portionCDC: Southland Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,638,000
Bank portion
$2,000,000
Estimated project size
$4,042,222 (estimated)
Estimated owner equity
$404,222 (estimated, about 10% of the project)
Bank lender
Tri Counties Bank, Chico, CA
CDC
Southland Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 29, 2049 (estimated, approval date plus term)
First disbursement
Feb 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
531210, Offices of Real Estate Agents and Brokers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-27
Collateral
Yes

Estimated share of project by source

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

  • Larger than 50% of expansion loans in Offices of Real Estate Agents and Brokers on this site.
  • Average expansion loan in Offices of Real Estate Agents and Brokers: $2,246,438.
  • 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