Success Stories

Napa Hoteliers Amplify Business Growth with Multiple SBA 504 Loans

(English)

TMC recently helped hoteliers Vikas Patel, Chotubhai Patel and Tejal Patel, secure $5.4M in total project financing.  The funds were used to purchase two hotel properties in Napa.  By utilizing multiple SBA 504 loans, the Patel’s were able to obtain 80% hotel financing at a below market rate, fixed for 25 years.  

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Business Loans for Veterans: How the SBA Supports Our Troops Through the 504 Loan

(English)

Brian Eby secures $2 million in total project financing through the SBA 504  program. The funds were used to purchase a warehouse located at 26 20th Street in Richmond, CA. The acquired property replaced their leased space, enabling the company to significantly reduce their monthly occupancy costs. The purchase has also given Eby a sense of security and peace of mind in the face of chronically elevating rental rates in the Bay Area. 

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