SBA lending record

Sound Shoppe L.L.C

1913 Florence Blvd, Florence, AL 35630 · Musical Instrument and Supplies Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$150K

Total SBA financing

Loan on record

FY2022

On record

—

Jobs supported

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

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The loan

$150,000 — FY2022

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Current
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/21/2021
First disbursement: 1/20/2022
Days to fund: 30 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 Sound Shoppe L.L.C.