Blea Tarn

MIO Pre-School Graduates from Tenant to Owner with SBA 504 Loan from TMC Financing

Retrieved on: 
Tuesday, February 8, 2022
Poverty, TMC, Program, Acquisition, CDC, Mission Street, Sale, Community development financial institution, Community development, 504, SBA, SBA 504 Loan, Partnership, MIO, Communication, Economic development, SAN, Medicine, Security (finance), Real estate, Blea Tarn

The SBA 504 Program helped Blea purchase a property with 90% financing and a below-market rate, fixed for 25 years.

Key Points: 
  • The SBA 504 Program helped Blea purchase a property with 90% financing and a below-market rate, fixed for 25 years.
  • From the start, it was obvious that the SBA 504 loan program, facilitated by TMC Financing , was the perfect option for MIO Pre-School.
  • Since its founding in 1981, TMC has secured more than $10 billion in SBA 504 commercial real estate financing for 6,000 small businesses.
  • Business owners in Arizona, California, or Nevada can confirm they meet the qualifications for an SBA 504 loan by visiting the TMC Financing website at https://www.tmcfinancing.com/ .