Sixteen-Sixty, LLC
Sixteen-Sixty, LLC, located in Tiburon, CA, operates in New Single-Family Housing Construction (except For-Sale Builders). The company financed real estate or equipment through an SBA 504 loan of $1,484,000 approved on May 21, 2025, with Wells Fargo Bank National Association as the bank lender and Capital Access Group, Inc. as the certified development company.
SBA 504 loan, approved May 21, 2025
$1,484,000 SBA portionCDC: Capital Access Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,484,000
- Bank portion
- $2,867,107
- Estimated project size
- $4,834,563 (estimated)
- Estimated owner equity
- $483,456 (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
- May 21, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 236115, New Single-Family Housing Construction (except For-Sale Builders)
- Project location
- Marin County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-2
- Collateral
- Yes
Estimated share of project by source
Bank 59% SBA (CDC) 31% Owner 10%
- Larger than 70% of expansion loans in New Single-Family Housing Construction (except For-Sale Builders) on this site.
- Average expansion loan in New Single-Family Housing Construction (except For-Sale Builders): $1,511,043.
- 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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