SBA lending record
MAGPOP, LLC
1180 Forest Avenue, Pacific Grove, CA 93950 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$399K
Total SBA financing
1
Loan on record
FY2024
On record
17
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$399,000 — FY2024
- Gross approval
- $399,000
- SBA guaranteed
- $299,250 (75%)
- Status
- Paid in full
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/7/2023
- First disbursement
- 10/13/2023
- Days to fund
- 6 days
- Paid in full
- 11/30/2025
- Collateral
- Required
- Sold on secondary market
The lender
Monterey County Bank
1 loan to this business- Total assets
- $297.8B
- Deposits
- $219.2B
- Loans outstanding
- $148.8B
- Net income
- $34.0M
- Return on assets
- 0.046832439729060565%
- Return on equity
- 0.42%
- Total equity
- $33.3B
- Offices
- 4
- Founded
- 05/0
- Headquarters
- 601 Munras Ave, Monterey, CA, 93940
- FDIC cert
- 22460
Is MAGPOP, LLC your business?
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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 MAGPOP, LLC.