Pacific Electric
Pacific Electric is located in Yorba Linda, CA, and the SBA lists its industry as Switchgear and Switchboard Apparatus Manufacturing. It was approved for an SBA 504 loan ($2,904,000 SBA portion) on January 5, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jan 5, 2024 | $2,904,000 | $3,546,000 | $7,166,667 (estimated) | First-Citizens Bank & Trust Company | California Statewide Certified Development Corporation | 25 years | 10 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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