SBA lending record
Solar System Inc
2845 Moorpark Ave Ste 204, San Jose, CA 95128 · Solar Electric Power Generation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2023
On record
7
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Solar System Inc your business?
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The loan
$500,000 — FY2023
- Gross approval
- $500,000
- SBA guaranteed
- $375,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11% v
- Term
- 98 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/31/2023
- First disbursement
- 8/9/2023
- Days to fund
- 9 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Readycap Lending, LLC
1 loan to this businessFull lending record on the lender page.
Is Solar System Inc your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Solar System Inc.