Fat & Happy Beverages
Fat & Happy Beverages is located in Los Angeles, California, and operates in the wine and distilled alcoholic beverage merchant wholesalers industry (NAICS 424820). The business financed real estate or equipment through an SBA 504 loan of $1,871,000, approved on December 16, 2024, with Impact 504 Loan Fund LLC as the lender and California Statewide Certified Development Corporation as the certified development company.
SBA 504 loan, approved Dec 16, 2024
$1,871,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,871,000
- Bank portion
- $2,280,000
- Estimated project size
- $4,612,222 (estimated)
- Estimated owner equity
- $461,222 (estimated, about 10% of the project)
- Bank lender
- Impact 504 Loan Fund LLC, Arlington, VA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 16, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 424820, Wine and Distilled Alcoholic Beverage 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%
- Average expansion loan in Wine and Distilled Alcoholic Beverage Merchant Wholesalers: $1,502,000.
- 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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