Mochinut Holding Corp
Mochinut Holding Corp is a business in Redmond, WA, classified under the industry All Other Specialty Food Retailers (NAICS 445298). The company was financed with an SBA 7(a) loan for a change of ownership of $2.98 million, approved on May 1, 2025, through lender Readycap Lending, LLC.
SBA 7(a) loan, change of ownership, approved May 1, 2025
$2,975,000 approvedLender: Readycap Lending, LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,975,000
- SBA-guaranteed amount
- $2,231,250 (75% of the approval)
- Lender
- Readycap Lending, LLC, Berkeley Heights, NJ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 1, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $38,496 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 9, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 445298, All Other Specialty Food Retailers
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-28
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 86% of acquisition loans in All Other Specialty Food Retailers on this site.
- Average acquisition loan in All Other Specialty Food Retailers: $1,581,762.
- Average acquisition loan in Washington: $1,784,595.
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.
Is this your company? Claim or correct this listing. See Corrections.