Tower 23, L.P.
Tower 23, L.P. is located in San Diego, CA, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($4,996,000 SBA portion) on February 12, 2025 to finance real estate or equipment.
- Business type
- Partnership
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Feb 12, 2025 | $4,996,000 | $5,081,703 | $11,197,448 (estimated) | First Pacific Bank | The Mortgage Capital Development Corporation | 25 years | 34 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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