Avalon Tile Wholesalers Inc.
Avalon Tile Wholesalers Inc. is a business in Anaheim, California, in the brick, stone, and related construction material merchant wholesalers industry. It was financed with an SBA 7(a) loan for a change of ownership of $2,002,000, approved on August 6, 2026 by City National Bank of Florida.
SBA 7(a) loan, change of ownership, approved Aug 6, 2026
$2,002,000 approvedLender: City National Bank of FloridaCommitted, not fully disbursedLoan details
- Gross approval
- $2,002,000
- SBA-guaranteed amount
- $1,501,500 (75% of the approval)
- Lender
- City National Bank of Florida, Coral Gables, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 423320, Brick, Stone, and Related Construction Material Merchant Wholesalers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-46
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Brick, Stone, and Related Construction Material Merchant Wholesalers: $1,679,250.
- 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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