SBA lending record

Plaza Drive Investments LLC

36223 PLAZA DR, Cathedral City, CA 92234 · Wholesale Trade Agents and Brokers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.1M

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

$2,138,000 — FY2020

Gross approval: $2,138,000
SBA guaranteed: $1,603,500 (75%)
Status: Current
Rate at approval: 5.25% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/18/2020
First disbursement: 7/31/2020
Days to fund: 13 days
Collateral: Required
Sold on secondary market: Yes

The lender

VelocitySBA, LLC

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 Plaza Drive Investments LLC.