Secoma Lanes Entertainment
Secoma Lanes Entertainment is a bowling center in Federal Way, Washington, in the bowling centers industry (NAICS 713950). The business financed real estate or equipment through an SBA 504 loan of $1,822,000, approved on November 19, 2025, through lender Happen Bank with certified development company Northwest Business Development Association.
SBA 504 loan, approved Nov 19, 2025
$1,822,000 SBA portionCDC: Northwest Business Development Association25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,822,000
- Bank portion
- $2,525,000
- Estimated project size
- $4,830,000 (estimated)
- Estimated owner equity
- $483,000 (estimated, about 10% of the project)
- Bank lender
- Happen Bank, Lehi, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 19, 2050 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 713950, Bowling Centers
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-8
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 38% of expansion loans in Bowling Centers on this site.
- Average expansion loan in Bowling Centers: $2,071,231.
- Average expansion loan in Washington: $2,234,716.
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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