Main Street Registry

Gaiwen US

Irvine, CA · Couriers and Express Delivery Services · NAICS 492110

Gaiwen US is located in Irvine, CA, and the SBA lists its industry as Couriers and Express Delivery Services. It was approved for an SBA 7(a) loan of $840,000 for a change of ownership on August 26, 2024.

SBA 7(a) loan, change of ownership, approved Aug 26, 2024

Gross approval
$840,000
SBA-guaranteed amount
$630,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
August 26, 2034 (estimated, approval date plus term)
Estimated monthly payment
$11,335 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 27, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
492110, Couriers and Express Delivery Services
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-45
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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