SBA lending record
New Life Cardio Equipment Inc
13501 South Main Street, Los Angeles, CA 90061 · Commercial and Industrial Machinery and Equipment (except Au. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2023
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is New Life Cardio Equipment Inc your business?
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The loan
$350,000 — FY2023
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 12% v
- Term
- 101 mo (8 yr)
- Program
- Community Advantage Initiative
- Subprogram
- Community Advantage Initiative
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/20/2023
- First disbursement
- 2/1/2023
- Days to fund
- 12 days
- Charged off
- 4/8/2025
- Charge-off amount
- $338,303
The lender
CDC Small Business Finance Corp.
1 loan to this businessFull lending record on the lender page.
Is New Life Cardio Equipment Inc 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 New Life Cardio Equipment Inc.