Design Effect Properties Llc

850 Cesar E Chavez Ave Sw, Grand Rapids, MI 49503

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$5.0M

Jobs Supported

20

Years Active

2025

Loan History (1)

Source: SBA FOIA
7(a)$4,995,500
Committed
Approved
Sep 17, 2025 (FY2025)
SBA Guaranteed
$3,147,165 (63%)
Term
306 months (25.5 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
20
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old

Lender

Banc of California

11611 San Vicente Blvd, Ste 50, Los Angeles, CA 90049

Project Location

Kent County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
532289
Address
850 Cesar E Chavez Ave Sw
Grand Rapids, MI 49503

Lender

Banc of California
11611 San Vicente Blvd, Ste 50, Los Angeles, CA 90049

Other SBA Borrowers in Grand Rapids

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