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Primary Real Estate Holdings, LLC

Phoenix, AZ · Electrical Contractors and Other Wiring Installation Contractors · NAICS 238210

Primary Real Estate Holdings, LLC is located in Phoenix, Arizona and operates in electrical contracting and other wiring installation contractors (NAICS 238210). The company financed real estate or equipment through an SBA 504 loan of $2,048,000, with Arizona Financial Credit Union as the bank partner and The Mortgage Capital Development Corporation as the certified development company, approved on August 20, 2024.

SBA 504 loan, approved Aug 20, 2024

$2,048,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,048,000
Bank portion
$2,546,000
Estimated project size
$5,104,444 (estimated)
Estimated owner equity
$510,444 (estimated, about 10% of the project)
Bank lender
Arizona Financial Credit Union, Phoenix, AZ
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 20, 2049 (estimated, approval date plus term)
First disbursement
Nov 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
50
Business type
Corporation
NAICS
238210, Electrical Contractors and Other Wiring Installation Contractors
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-6
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 68% of expansion loans in Electrical Contractors and Other Wiring Installation Contractors on this site.
  • Average expansion loan in Electrical Contractors and Other Wiring Installation Contractors: $2,211,634.
  • Average expansion loan in Arizona: $2,074,452.

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 Arizona