Pear Garden Produce, LLC
Pear Garden Produce, LLC is located in Diamond Bar, California, and operates in perishable prepared food manufacturing. The company financed real estate or equipment through an SBA 504 loan of $2,202,000 approved on January 8, 2025, with Servbank National Association as the lender and California Statewide Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jan 8, 2025
$2,202,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,202,000
- Bank portion
- $2,700,000
- Estimated project size
- $5,446,667 (estimated)
- Estimated owner equity
- $544,667 (estimated, about 10% of the project)
- Bank lender
- Servbank National Association, Oswego, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 8, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 311991, Perishable Prepared Food Manufacturing
- 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 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Perishable Prepared Food Manufacturing: $2,426,800.
- 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
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