Sierra Brands Group LLC
Sierra Brands Group LLC, located in Vernon, California, operates in the clothing and clothing accessories retail industry (NAICS 458110). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $2,497,800 from Bank of America, National Association, approved on February 23, 2026.
SBA 7(a) loan, change of ownership, approved Feb 23, 2026
$2,497,800 approvedLender: Bank of America, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,497,800
- SBA-guaranteed amount
- $1,873,350 (75% of the approval)
- Lender
- Bank of America, National Association, Charlotte, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.61%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- February 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $28,502 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 458110, Clothing and Clothing Accessories Retailers
- 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)
- Larger than 83% of acquisition loans in Clothing and Clothing Accessories Retailers on this site.
- Average acquisition loan in Clothing and Clothing Accessories Retailers: $1,439,812.
- 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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