Santa Monica Medical Building, LLC
Santa Monica Medical Building, LLC is a business in Santa Monica, California, classified under the industry Administrative Management and General Management Consulting Services (NAICS 541611).
SBA 504 loan, approved Jan 7, 2025
$1,256,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,256,000
- Bank portion
- $1,234,418
- Estimated project size
- $2,767,131 (estimated)
- Estimated owner equity
- $276,713 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 7, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541611, Administrative Management and General Management Consulting Services
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-33
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Average expansion loan in Administrative Management and General Management Consulting Services: $1,784,429.
- 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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