Andrew & Kelly Bella Nails MP LLC
Andrew & Kelly Bella Nails MP LLC is a nail salon in Monterey Park, California, in the nail salons industry. The business was financed with an SBA 7(a) loan for a change of ownership of $654,000, approved on September 30, 2025 by 22nd State Bank, A Division of 22nd State Banking Company.
SBA 7(a) loan, change of ownership, approved Sep 30, 2025
$654,000 approvedLender: 22nd State Bank, A Division of 22nd State Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $654,000
- SBA-guaranteed amount
- $490,500 (75% of the approval)
- Lender
- 22nd State Bank, A Division of 22nd State Banking Company, Mobile, AL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,733 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 9, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 812113, Nail Salons
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-27
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 25% of acquisition loans in Nail Salons on this site.
- Average acquisition loan in Nail Salons: $1,296,692.
- Average acquisition loan in California: $1,688,228.
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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