Zhen Logistic Group LLC
Zhen Logistic Group LLC is located in Oakland, CA, and the SBA lists its industry as General Freight Trucking, Local. It was approved for an SBA 504 loan ($3,374,000 SBA portion) on November 7, 2023 to finance real estate or equipment.
- Business type
- Corporation
- 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 7, 2023 | $3,374,000 | $4,125,000 | $8,332,222 (estimated) | East West Bank | The Mortgage Capital Development Corporation | 25 years | 3 | 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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