Main Street Registry

Vail Real Estate Holding, LLC

Commerce, CA · Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers · NAICS 424310

Vail Real Estate Holding, LLC, located in Commerce, California, operates in the piece goods, notions, and other dry goods merchant wholesalers industry (NAICS 424310). The business financed real estate or equipment through an SBA 504 loan with a $1,244,000 SBA portion, approved on November 13, 2024, through SNB Bank National Association with California Statewide Certified Development Corporation.

SBA 504 loan, approved Nov 13, 2024

$1,244,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,244,000
Bank portion
$2,850,000
Estimated project size
$4,548,889 (estimated)
Estimated owner equity
$454,889 (estimated, about 10% of the project)
Bank lender
SNB Bank National Association, Shattuck, OK
CDC
California Statewide Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 13, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
6
Business type
Corporation
NAICS
424310, Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-38
Collateral
Yes

Estimated share of project by source

Bank 63% SBA (CDC) 27% Owner 10%

  • Average expansion loan in Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers: $2,217,846.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California