Kuhl Ride Products LLC
Kuhl Ride Products LLC is a business in San Luis Obispo, California, in the automotive parts and accessories retailers industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $592,000, approved on December 12, 2024, through American Riviera Bank.
SBA 7(a) loan, change of ownership, approved Dec 12, 2024
$592,000 approvedLender: American Riviera Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $592,000
- SBA-guaranteed amount
- $444,000 (75% of the approval)
- Lender
- American Riviera Bank, Santa Barbara, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,988 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 3, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- San Luis Obispo County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-24
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 13% of acquisition loans in Automotive Parts and Accessories Retailers on this site.
- Average acquisition loan in Automotive Parts and Accessories Retailers: $1,270,623.
- 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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