S&S Hardwood Floor Supply of Gardena, Inc.
S&S Hardwood Floor Supply of Gardena, Inc. is located in Los Angeles, California, and operates in other construction material merchant wholesaling. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,793,000, approved on June 17, 2024, through lender Momentus Direct Capital and certified development company California Statewide Certified Development Corporation.
SBA 504 loan, approved Jun 17, 2024
$2,793,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,793,000
- Bank portion
- $2,750,000
- Estimated project size
- $6,158,889 (estimated)
- Estimated owner equity
- $615,889 (estimated, about 10% of the project)
- Bank lender
- Momentus Direct Capital, Arlington, VA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 17, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Individual
- NAICS
- 423390, Other Construction Material Merchant Wholesalers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-43
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Average expansion loan in Other Construction Material Merchant Wholesalers: $2,199,000.
- 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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