Wholesale Nutrition Center
Wholesale Nutrition Center is a food and health supplement retailer located in Costa Mesa, California. The company financed real estate or equipment through an SBA 504 loan of $1,018,000, with Wells Fargo Bank National Association as the lender, and the loan was approved on February 23, 2024.
SBA 504 loan, approved Feb 23, 2024
$1,018,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,018,000
- Bank portion
- $1,237,500
- Estimated project size
- $2,506,111 (estimated)
- Estimated owner equity
- $250,611 (estimated, about 10% of the project)
- Bank lender
- Wells Fargo Bank National Association, Sioux Falls, SD
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 23, 2049 (estimated, approval date plus term)
- First disbursement
- May 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 456191, Food (Health) Supplement Retailers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-48
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Food (Health) Supplement Retailers: $1,213,333.
- 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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