Main Street Registry

Blue Life Enterprises, LLC

Sacramento, CA · Drinking Places (Alcoholic Beverages) · NAICS 722410

Blue Life Enterprises, LLC is a drinking place (alcoholic beverages) located in Sacramento, California, classified under NAICS code 722410. The company was financed with an SBA 7(a) loan for a change of ownership totaling $560,000, approved by Plumas Bank on November 14, 2023.

SBA 7(a) loan, change of ownership, approved Nov 14, 2023

Gross approval
$560,000
SBA-guaranteed amount
$420,000 (75% of the approval)
Lender
Plumas Bank, Quincy, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, fixed
Term
10 years (120 months)
Estimated maturity
November 14, 2033 (estimated, approval date plus term)
Estimated monthly payment
$7,018 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 9, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Sacramento County, CA
SBA district office
Sacramento District Office
Congressional district
CA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California