Terre Haute Properties, LLC
Terre Haute Properties, LLC is located in Terre Haute, IN, and the SBA lists its industry as New Car Dealers. It was approved for an SBA 504 loan ($1,594,000 SBA portion) on August 16, 2024 to finance real estate or equipment.
SBA 504 loan, approved Aug 16, 2024
- SBA (CDC) portion
- $1,594,000
- Bank portion
- $2,225,000
- Estimated project size
- $4,243,333 (estimated)
- Estimated owner equity
- $424,333 (estimated, about 10% of the project)
- Bank lender
- First Financial Bank, National Association, Terre Haute, IN
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 20 years (240 months)
- Estimated maturity
- August 16, 2044 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 441110, New Car Dealers
- Project location
- Vigo County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-8
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 22% of expansion loans in New Car Dealers on this site.
- Average expansion loan in New Car Dealers: $3,138,111.
- Average expansion loan in Indiana: $2,227,963.
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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