Good Life Ventures LLC
Good Life Ventures LLC is located in San Diego, CA, and the SBA lists its industry as All Other Miscellaneous Schools and Instruction. It was approved for an SBA 7(a) loan of $850,000 for a change of ownership on August 5, 2026.
SBA 7(a) loan, change of ownership, approved Aug 5, 2026
- Gross approval
- $850,000
- SBA-guaranteed amount
- $637,500 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,999 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 611699, All Other Miscellaneous Schools and Instruction
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-53
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in All Other Miscellaneous Schools and Instruction on this site.
- Average acquisition loan in All Other Miscellaneous Schools and Instruction: $2,006,618.
- 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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