SBA lending record

Absolute EMS

555 Aldo Avenue, Santa Clara, CA 95054 · All Other Miscellaneous Electrical Equipment and Component M. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$350,000 — FY2022

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Paid in full
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Community Advantage Initiative
Subprogram: Community Advantage Initiative
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/25/2022
First disbursement: 8/9/2022
Days to fund: 15 days
Paid in full: 7/31/2025
Collateral: Required

The lender

Mortgage Capital Development Corporation

1 loan to this business

Full lending record on the lender page.

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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Absolute EMS.