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Asphalt Doctor

Bakersfield, CA · All Other Specialty Trade Contractors · NAICS 238990

Asphalt Doctor, located in Bakersfield, California, is classified under the SBA industry description All Other Specialty Trade Contractors (NAICS 238990). The business was financed with an SBA 7(a) loan for a change of ownership of $1,327,700, approved on December 18, 2024 by First Bank of the Lake, and the loan reports 21 jobs.

SBA 7(a) loan, change of ownership, approved Dec 18, 2024

Gross approval
$1,327,700
SBA-guaranteed amount
$995,775 (75% of the approval)
Lender
First Bank of the Lake, Osage Beach, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
December 18, 2034 (estimated, approval date plus term)
Estimated monthly payment
$17,546 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
21
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Kern County, CA
SBA district office
Fresno District Office
Congressional district
CA-21
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