Vita Cabinetry, LLC
Vita Cabinetry, LLC is a home furnishing merchant wholesaler located in Baltimore, Maryland, in the NAICS 423220 industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $5,294,000, approved on January 16, 2024, through Harvest Commercial Capital, LLC and the Chesapeake Business Finance Corporation certified development company.
SBA 504 loan, approved Jan 16, 2024
$5,294,000 SBA portionCDC: Chesapeake Business Finance Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $5,294,000
- Bank portion
- $6,500,000
- Estimated project size
- $13,104,444 (estimated)
- Estimated owner equity
- $1,310,444 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 16, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 423220, Home Furnishing Merchant Wholesalers
- Project location
- Baltimore City County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-2
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Average expansion loan in Home Furnishing Merchant Wholesalers: $2,920,000.
- Average expansion loan in Maryland: $2,350,795.
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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