Arcata Economic Development Co
Eureka, CA 95501
SBA Certified Development CompanyStates Served
Top Industries Financed
- Hotels (except Casino Hotels) and Motels
- RV (Recreational Vehicle) Parks and Campgrounds
- Supermarkets and Other Grocery (except Convenience) Stores
- Veterinary Services
- Lessors of Miniwarehouses and Self-Storage Units
Quick Summary
Arcata Economic Development Co is an SBA-certified Certified Development Company (CDC) headquartered in Eureka, California. Since 2010, they have approved 56 SBA 504 loans totaling $30.0M, with an average loan size of $536K. They primarily serve California businesses.
About Arcata Economic Development Co
Arcata Economic Development Co is an SBA-certified Certified Development Company (CDC) headquartered in Eureka, California. Since 2010, they have approved 56 SBA 504 loans totaling $30.0M, with an average loan size of $536K. They primarily serve businesses in California.
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Frequently Asked Questions
What does Arcata Economic Development Co do?
Arcata Economic Development Co is an SBA-certified Certified Development Company (CDC) based in Eureka, California. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Arcata Economic Development Co handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Arcata Economic Development Co approved?
According to SBA FOIA public records, Arcata Economic Development Co has approved 56 SBA 504 loans totaling $30.0M since 2010. Their average loan size is $536K.
What states does Arcata Economic Development Co serve?
Arcata Economic Development Co primarily serves businesses in California.
How do I apply for an SBA 504 loan through Arcata Economic Development Co?
To apply for an SBA 504 loan through Arcata Economic Development Co, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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Contact Arcata Economic Development Co
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