PACE Finance Corporation: SBA Loan Record, Deal Sizes & Industries | DealRoom

PACE Finance Corporation: SBA Loan Record, Deal Sizes & Industries | DealRoom

Recent deals

American Wood Importers, LLC in Azusa, CA — $100K (2020) · Furniture Merchant Wholesalers
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
6.5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$85K (85%)
Approval → funding
36 days
Approved
12/26/2019
First disbursed
1/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Existing or more than 2 years old
Industry
Furniture Merchant Wholesalers
Your business? Claim this record · Request removal
Advanced Rehab Therapy Inc in Long Beach, CA — $100K (2020) · Offices of Physical, Occupational and Speech Therapists, and
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
8.5% fixed
Term
36 mo (3 yrs)
SBA guaranteed
$85K (85%)
Approved
12/23/2019
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
15
Business age
Devine Group, LLC in West Covina, CA — $100K (2020) · Full-Service Restaurants
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
8.5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$85K (85%)
Approval → funding
75 days
Approved
12/16/2019
First disbursed
2/29/2020
Loan status
Payments deferred
Loan type
Term loan
Collateral
Required
Business type
ZAMORA OPTOMETRY INC in Montebello, CA — $80K (2020) · Offices of Optometrists
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
8.5% fixed
Term
59 months
SBA guaranteed
$68K (85%)
Approval → funding
59 days
Approved
3/2/2020
First disbursed
4/30/2020
Loan status
Paid in full (3/31/2025)
Loan type
Term loan
Collateral
Required
Business type
ZAMORA OPTOMETRY INC in Montebello, CA — $80K (2020) · Offices of Optometrists
Program
Community Advantage Initiative
Subprogram
Community Advantage Initiative
Rate at approval
3.75% fixed
Term
60 mo (5 yrs)
SBA guaranteed
$68K (85%)
Approved
2/10/2020
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
Existing or more than 2 years old

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

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