Bay West Ventures LLC
Bay West Ventures LLC is located in Santa Rosa, CA, and the SBA lists its industry as Drycleaning and Laundry Services (except Coin-Operated). It was approved for an SBA 7(a) loan of $1,056,000 for a change of ownership on August 19, 2025.
SBA 7(a) loan, change of ownership, approved Aug 19, 2025
- Gross approval
- $1,056,000
- SBA-guaranteed amount
- $792,000 (75% of the approval)
- Lender
- Exchange Bank, Santa Rosa, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,809 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 812320, Drycleaning and Laundry Services (except Coin-Operated)
- Project location
- Sonoma County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 59% of acquisition loans in Drycleaning and Laundry Services (except Coin-Operated) on this site.
- Average acquisition loan in Drycleaning and Laundry Services (except Coin-Operated): $1,281,569.
- 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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Same industry in California
- Lyons Restores NorCal LLC, West Sacramento
- J. FIELDS CLEANERS, Inc., Rancho Santa Margarita
- First Class Cleaners, Fountain Valley
- Magic Laundry Services Inc., Montebello
- Newport Beach Dry Cleaners, Corona Del Mar
- Fresh Cleaners, El Dorado Hills
- 3rd St. Cleaners, Inc., Los Angeles