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Twin Peaks Online Corporation

Oceanside, CA · Custom Computer Programming Services · NAICS 541511

Twin Peaks Online Corporation, located in Oceanside, California, operates in the custom computer programming services industry (NAICS 541511). The company was financed with an SBA 7(a) loan for a change of ownership of $2,492,000, approved on July 12, 2024, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Jul 12, 2024

Gross approval
$2,492,000
SBA-guaranteed amount
$1,869,000 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
July 12, 2034 (estimated, approval date plus term)
Estimated monthly payment
$32,932 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
541511, Custom Computer Programming Services
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-49
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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