Main Street Registry

Bonanza Hydraulic Industries LLC

National City, CA · Industrial Machinery and Equipment Merchant Wholesalers · NAICS 423830

Bonanza Hydraulic Industries LLC is located in National City, California, and its industry is listed as Industrial Machinery and Equipment Merchant Wholesalers. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $785,000, approved by Byline Bank on June 5, 2026.

SBA 7(a) loan, change of ownership, approved Jun 5, 2026

$785,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$785,000
SBA-guaranteed amount
$706,500 (90% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
International Trade Loan: for businesses that export or are preparing to
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
June 5, 2036 (estimated, approval date plus term)
Estimated monthly payment
$10,158 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 23, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
423830, Industrial Machinery and Equipment Merchant Wholesalers
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-51
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 10% of acquisition loans in Industrial Machinery and Equipment Merchant Wholesalers on this site.
  • Average acquisition loan in Industrial Machinery and Equipment Merchant Wholesalers: $2,384,497.
  • 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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Same industry in California