Sebastian Green Products Inc
Sebastian Green Products Inc is an indoor and outdoor display advertising business located in Glendora, California, classified under NAICS code 541850. The company was financed with an SBA 7(a) loan for a change of ownership of $2.5 million from Meridian Bank, approved on January 16, 2025.
SBA 7(a) loan, change of ownership, approved Jan 16, 2025
$2,500,000 approvedLender: Meridian Bank114 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,500,000
- SBA-guaranteed amount
- $1,875,000 (75% of the approval)
- Lender
- Meridian Bank, Malvern, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 9 years, 6 months (114 months)
- Estimated maturity
- July 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $33,375 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 541850, Indoor and Outdoor Display Advertising
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-27
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Indoor and Outdoor Display Advertising: $2,807,000.
- 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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