SBA lending record

AVALON 3 LLC

13406 - 13414 1/2 AVALON BLVD, Los Angeles, CA 90061 · Coin-Operated Laundries and Drycleaners. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.0M

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$2,000,000 — FY2024

Gross approval: $2,000,000
SBA guaranteed: $1,500,000 (75%)
Status: Current
Rate at approval: 9.75% v
Term: 318 mo (27 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/11/2024
First disbursement: 8/21/2024
Days to fund: 71 days
Collateral: Required
Jobs supported: 6

The lender

Readycap Lending, LLC

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 AVALON 3 LLC.