Finest City Acoustics Inc
Finest City Acoustics Inc is a specialty trade contractor in San Diego, California, in the All Other Specialty Trade Contractors industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,852,600, approved on May 31, 2025, by CalPrivate Bank, with a 123-month term.
SBA 7(a) loan, change of ownership, approved May 31, 2025
$1,852,600 approvedLender: CalPrivate Bank123 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,852,600
- SBA-guaranteed amount
- $1,389,450 (75% of the approval)
- Lender
- CalPrivate Bank, La Jolla, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years, 3 months (123 months)
- Estimated maturity
- August 31, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $24,135 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 4, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-52
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 59% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- 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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