SBA lending record

Bhullar Xpress Inc.

10499 S. Dewolf Avenue, Selma, CA 93662 · Coastal and Great Lakes Freight Transportation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$250K

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

$250,000 — FY2022

Gross approval: $250,000
SBA guaranteed: $187,500 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 8.25% v
Term: 96 mo (8 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/27/2022
First disbursement: 10/5/2022
Days to fund: 8 days
Collateral: Required
Sold on secondary market: Yes

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 Bhullar Xpress Inc..