Stormlight Kids LLC
Stormlight Kids LLC is located in Downey, CA, and the SBA lists its industry as All Other Amusement and Recreation Industries. It was approved for an SBA 7(a) loan of $3,025,000 for a change of ownership on June 25, 2025.
SBA 7(a) loan, change of ownership, approved Jun 25, 2025
- Gross approval
- $3,025,000
- SBA-guaranteed amount
- $2,268,750 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $39,976 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-38
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- 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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