SBA lending record
MPI Automotive Corp.
19925 STEVENS CREEK BLVD, Cupertino, CA 95014 · Motor Vehicle Electrical and Electronic Equipment Manufactur. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2021
On record
56
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is MPI Automotive Corp. your business?
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The loan
$500,000 — FY2021
- Gross approval
- $500,000
- SBA guaranteed
- $450,000 (90%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6% v
- Term
- 97 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/8/2021
- First disbursement
- 4/30/2021
- Days to fund
- 22 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Newtek Small Business Finance, Inc.
1 loan to this businessIs MPI Automotive Corp. your business?
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with MPI Automotive Corp..