Main Street Registry

Versatta Kilts, LLC

Canyon Country, CA · Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers · NAICS 424310

Versatta Kilts, LLC is located in Canyon Country, CA, and the SBA lists its industry as Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers. It was approved for an SBA 7(a) loan of $550,000 for a change of ownership on December 19, 2024.

SBA 7(a) loan, change of ownership, approved Dec 19, 2024

Gross approval
$550,000
SBA-guaranteed amount
$412,500 (75% of the approval)
Lender
Newtek Bank, National Association, Miami, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
December 19, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,499 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 24, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
424310, Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-25
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