SBA lending record
Cheers Liquor, a California Corporation
6600 E OLYMPIC BLVD., #101 & #102, Los Angeles, CA 90022 · Beer, Wine, and Liquor Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$200K
Total SBA financing
1
Loan on record
FY2024
On record
10
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$200,000 — FY2024
- Gross approval
- $200,000
- SBA guaranteed
- $150,000 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 7/13/2024
- First disbursement
- 8/23/2024
- Days to fund
- 41 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
American Continental Bank
1 loan to this business- Total assets
- $379.1B
- Deposits
- $311.3B
- Loans outstanding
- $288.7B
- Net income
- $1.5B
- Return on assets
- 1.5539642065314563%
- Return on equity
- 9.74%
- Total equity
- $61.2B
- Offices
- 7
- Founded
- 10/0
- Headquarters
- 17700 Castleton St, City Of Industry, CA, 91748
- FDIC cert
- 57444
- Website
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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 Cheers Liquor, a California Corporation.