SBA Funding Profile: Somi Market Inc
Somi Market Inc, operating within the Supermarkets And Other Grocery (Except Convenience) Stores sector in Los Angeles, CA, recently secured a high-tier SBA 7(a) commercial loan. This funding highlights the strong capital availability for qualifying businesses in this region.
Loan Details & Terms
- 💰 Approval Amount: $860,000
- 🏦 Lending Institution: Shinhan Bank America
- 🏢 Industry Sector: Supermarkets And Other Grocery (Except Convenience) Stores
- 📈 Interest Rate: 9% (Variable)
- ⏳ Term Length: 120 months
- 👥 Jobs Supported: 5
- 🏢 Business Age: Change of Ownership
Is Your Business Eligible for Similar Funding?
Thousands of businesses leave capital on the table every year. You might qualify for up to $5,000,000 in SBA-backed funding with competitive rates.