SBA lending record

PESTO I, INC

2510-2900 W CHANDLER BLVD ST 6, Chandler, AZ 85224 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$385K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

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

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The loan

$385,100 — FY2020

Gross approval: $385,100
SBA guaranteed: $288,825 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 6% v
Term: 78 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/1/2020
First disbursement: 7/31/2020
Days to fund: 91 days
Collateral: Required
Sold on secondary market: Yes

The lender

Arizona Financial Credit Union

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 PESTO I, INC.