Main Street Registry

Kool Kids on the Block, LLC

Palm Springs, CA · Drinking Places (Alcoholic Beverages) · NAICS 722410

Kool Kids on the Block, LLC is a drinking places (alcoholic beverages) business located in Palm Springs, California. The company was financed with an SBA 7(a) loan for a change of ownership of $1,957,000, approved on July 29, 2026 by Zions Bancorporation, National Association.

SBA 7(a) loan, change of ownership, approved Jul 29, 2026

$1,957,000 approvedLender: Zions Bancorporation, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,957,000
SBA-guaranteed amount
$1,467,750 (75% of the approval)
Lender
Zions Bancorporation, National Association, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.6%, variable
Term
10 years (120 months)
Estimated maturity
July 29, 2036 (estimated, approval date plus term)
Estimated monthly payment
$22,321 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 26, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
34
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Riverside County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-36
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 89% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
  • Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
  • 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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Same industry in California