SBA lending record
Oil and Cream
700 W 7th St Ste S260b, Los Angeles, CA 90017 · Other Personal Care Services. 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
FY2024
On record
42
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$350,000 — FY2024
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/27/2024
- First disbursement
- 4/22/2024
- Days to fund
- 26 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Mortgage Capital Development Corporation
1 loan to this businessFull lending record on the lender page.
Is Oil and Cream 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 Oil and Cream.