RDS Real Estate, LLC
RDS Real Estate, LLC, located in Indianapolis, Indiana, operates in General Automotive Repair (NAICS 811111). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,487,000, approved on September 26, 2024, through the bank Wells Fargo Bank National Association and the certified development company Premier Capital Corporation.
SBA 504 loan, approved Sep 26, 2024
$2,487,000 SBA portionCDC: Premier Capital Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,487,000
- Bank portion
- $4,000,000
- Estimated project size
- $7,207,778 (estimated)
- Estimated owner equity
- $720,778 (estimated, about 10% of the project)
- Bank lender
- Wells Fargo Bank National Association, Sioux Falls, SD
- 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)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-7
- Collateral
- Yes
Estimated share of project by source
Bank 55% SBA (CDC) 35% Owner 10%
- Larger than 91% of expansion loans in General Automotive Repair on this site.
- Average expansion loan in General Automotive Repair: $1,564,197.
- Average expansion loan in Indiana: $2,227,963.
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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