Happybiz Group LLC
Happybiz Group LLC of San Diego, CA operates in the offices of other holding companies industry (NAICS 551112). The company was financed with an SBA 7(a) loan for a change of ownership totaling $3,291,000, approved through TowneBank with a date of July 17, 2026. The loan is reported with 86 jobs.
SBA 7(a) loan, change of ownership, approved Jul 17, 2026
$3,291,000 approvedLender: TowneBank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $3,291,000
- SBA-guaranteed amount
- $2,468,250 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $41,245 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 86
- Business type
- Corporation
- NAICS
- 551112, Offices of Other Holding Companies
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-52
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 70% of acquisition loans in Offices of Other Holding Companies on this site.
- Average acquisition loan in Offices of Other Holding Companies: $2,410,520.
- 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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