SBA Funding Profile: Royal Hooks
Royal Hooks, operating within the Motor Vehicle Supplies And New Parts Merchant Wholesalers sector in Lathrop, 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: $925,000
- 🏦 Lending Institution: Newtek Bank, National Association
- 🏢 Industry Sector: Motor Vehicle Supplies And New Parts Merchant Wholesalers
- 📈 Interest Rate: 11.5% (Variable)
- ⏳ Term Length: 120 months
- 👥 Jobs Supported: 15
- 🏢 Business Age: Existing or more than 2 years old
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.