by admin | Apr 20, 2015 | California, SBA 504, Success Stories
Loan Amount: $767,000 ReProp took a referral from a local bank, then partnered with the City of Arcata and with Arcata Economic Development Corporation to provide SBA 504 financing for the conversion of an older movie theater to an entertainment venue serving all...
by admin | Jan 23, 2013 | California, Construction, SBA 504, Success Stories
Sacramento County, CA – $1,590,000 Our borrower needed to close on a purchase transaction for a $3.85MM new office building within a very short amount of time. We were asked to be the 2nd mortgage interim lender for SBA 504 financing, since other traditional...
by admin | Jan 23, 2013 | California, SBA 504, Success Stories
Humboldt County, CA – $165,000 We were approached by a local bank to assist their customer with an SBA 504 loan that was already approved by the SBA. Because of our banking contacts, and our relationship with the Arcata Economic Development Corporation, we were...
by admin | Jan 23, 2013 | California, SBA 504, Success Stories
Sacramento County, CA – $662,580 Our borrower needed a new location for his transport and limousine business. He had a difficult time finding a conventional lender who would provide financing in conjunction with an SBA funded second lien. ReProp was able to...
