Spirit Motorcycles San Jose, LLC
Spirit Motorcycles San Jose, LLC is a motorcycle, ATV, and all other motor vehicle dealer located in San Jose, California, operating as a franchise under a Triumph Motorcycles LTD dealership agreement.
SBA 504 loan, approved Apr 10, 2024
$2,212,000 SBA portionCDC: Bay Area Employment Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,212,000
- Bank portion
- $3,730,000
- Estimated project size
- $6,602,222 (estimated)
- Estimated owner equity
- $660,222 (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
- April 10, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 441227, Motorcycle, ATV, and All Other Motor Vehicle Dealers
- Franchise
- Triumph Motorcycles LTD - Dealership Agreement
- Project location
- Santa Clara County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-17
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 47% of expansion loans in Motorcycle, ATV, and All Other Motor Vehicle Dealers on this site.
- Average expansion loan in Motorcycle, ATV, and All Other Motor Vehicle Dealers: $2,545,211.
- 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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