AGA Seven Seas, Inc.
AGA Seven Seas, Inc., located in North Hollywood, CA, operates in the General Line Grocery Merchant Wholesalers industry (NAICS 424410). The company financed real estate or equipment through an SBA 504 loan of $1,192,000, approved on May 9, 2024, with Wells Fargo Bank National Association as the participating lender and Business Finance Capital as the certified development company.
SBA 504 loan, approved May 9, 2024
- SBA (CDC) portion
- $1,192,000
- Bank portion
- $1,450,000
- Estimated project size
- $2,935,556 (estimated)
- Estimated owner equity
- $293,556 (estimated, about 10% of the project)
- Bank lender
- Wells Fargo Bank National Association, Sioux Falls, SD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 9, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 424410, General Line Grocery Merchant Wholesalers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-28
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 4% of expansion loans in General Line Grocery Merchant Wholesalers on this site.
- Average expansion loan in General Line Grocery Merchant Wholesalers: $2,655,652.
- Average expansion loan in California: $2,161,468.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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