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Newport Spa Center

Newport Beach, CA · Other Personal Care Services · NAICS 812199

Newport Spa Center in Newport Beach, California operates in the other personal care services industry (NAICS 812199). The business was financed with an SBA 7(a) loan for a change of ownership of $1 million, approved on September 23, 2026 by Commonwealth Business Bank.

SBA 7(a) loan, change of ownership, approved Sep 23, 2026

$1,000,000 approvedLender: Commonwealth Business Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
Commonwealth Business Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
September 23, 2036 (estimated, approval date plus term)
Estimated monthly payment
$12,668 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
7
Business type
Corporation
NAICS
812199, Other Personal Care Services
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-48
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 50% of acquisition loans in Other Personal Care Services on this site.
  • Average acquisition loan in Other Personal Care Services: $1,410,088.
  • 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