Panchita Properties III, LLC
Panchita Properties III, LLC is located in San Bernardino, California, and is classified under the industry Paper Bag and Coated and Treated Paper Manufacturing (NAICS 322220). The company financed real estate or equipment through an SBA 504 loan of $3,665,000, approved on September 26, 2024, with JPMorgan Chase Bank, National Association as the lender and Southland Economic Development Corporation as the certified development company.
SBA 504 loan, approved Sep 26, 2024
$3,665,000 SBA portionCDC: Southland Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,665,000
- Bank portion
- $4,480,925
- Estimated project size
- $9,051,028 (estimated)
- Estimated owner equity
- $905,103 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 26, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 322220, Paper Bag and Coated and Treated Paper Manufacturing
- Project location
- San Bernardino County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-31
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Paper Bag and Coated and Treated Paper Manufacturing: $3,478,500.
- 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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