Chimex Produce Co
Chimex Produce Co is located in Fullerton, CA, and the SBA lists its industry as Other Miscellaneous Durable Goods Merchant Wholesalers. It was approved for an SBA 7(a) loan of $5,000,000 for a change of ownership on June 13, 2025.
SBA 7(a) loan, change of ownership, approved Jun 13, 2025
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Centerstone SBA Lending, Inc., Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $64,699 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-39
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average acquisition loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,301,987.
- 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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