JL Accessories Collective LLC
JL Accessories Collective LLC is a business in Los Angeles, CA, in the jewelry, watch, precious stone, and precious metal merchant wholesalers industry (NAICS 423940). It was financed with an SBA 7(a) loan for a change of ownership of $770,000, approved on March 24, 2026, by Alerus Financial, National Association, with a 120-month term.
SBA 7(a) loan, change of ownership, approved Mar 24, 2026
$770,000 approvedLender: Alerus Financial, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $770,000
- SBA-guaranteed amount
- $577,500 (75% of the approval)
- Lender
- Alerus Financial, National Association, Grand Forks, ND
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 24, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,444 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 423940, Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-34
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers: $3,055,017.
- 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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