Main Street Registry

Linegear Fire & Rescue

Rancho Santa Margarita, CA · Clothing and Clothing Accessories Retailers · NAICS 458110

Linegear Fire & Rescue is a business in Rancho Santa Margarita, California, classified under clothing and clothing accessories retailers (NAICS 458110). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,545,000, approved on January 29, 2025 by Pathward National Association.

SBA 7(a) loan, change of ownership, approved Jan 29, 2025

$1,545,000 approvedLender: Pathward National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,545,000
SBA-guaranteed amount
$1,158,750 (75% of the approval)
Lender
Pathward National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
January 29, 2035 (estimated, approval date plus term)
Estimated monthly payment
$19,992 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
458110, Clothing and Clothing Accessories Retailers
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-45
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 65% of acquisition loans in Clothing and Clothing Accessories Retailers on this site.
  • Average acquisition loan in Clothing and Clothing Accessories Retailers: $1,439,812.
  • 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