SBA lending record

Willy Quoc Mai

7841 EL CAJON BLVD, La Mesa, CA 91942 · All Other Miscellaneous Chemical Product and Preparation Man. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.1M

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

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

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The loan

$1,062,500 — FY2021

Gross approval: $1,062,500
SBA guaranteed: $956,250 (90%)
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: 6/30/2021
First disbursement: 7/30/2021
Days to fund: 30 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 Willy Quoc Mai.