SBA lending record

JK&RM LLC

326 23rd Street, Oakland, CA 94612 · Full-Service Restaurants. 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

FY2020

On record

Jobs supported

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

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The loan

$250,000 — FY2020

Gross approval: $250,000
SBA guaranteed: $187,500 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 7.75% v
Term: 90 mo (8 yr)
Program: Community Advantage Initiative
Subprogram: Community Advantage Initiative
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/20/2020
First disbursement: 3/31/2020
Days to fund: 40 days
Collateral: Required
Sold on secondary market: Yes

The lender

Main Street Launch

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 JK&RM LLC.