SBA lending record

Simpson Logistics Inc

801 S 75TH AVE, Phoenix, AZ 85043 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$989K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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

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The loan

$989,000 — FY2023

Gross approval: $989,000
SBA guaranteed: $741,750 (75%)
Status: Current
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 9/20/2023
First disbursement: 11/3/2023
Days to fund: 44 days
Collateral: Required
Sold on secondary market: Yes

The lender

Readycap Lending, 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 Simpson Logistics Inc.