SBA lending record

JoJo's Italian Grille

22623 State Route 26, West Point, CA 95255 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.3M

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

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

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The loan

$1,280,500 — FY2021

Gross approval: $1,280,500
SBA guaranteed: $1,152,450 (90%)
Status: Payments deferred
Rate at approval: 6% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/4/2021
First disbursement: 8/31/2021
Days to fund: 27 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 JoJo's Italian Grille.