Purple Pony Xpress
Purple Pony Xpress, located in Palmdale, CA, operates in the general freight trucking, long-distance, truckload industry (NAICS 484121). The business was financed with an SBA 7(a) loan for a change of ownership of $1,025,500, approved on June 2, 2025, through the lender GBank.
SBA 7(a) loan, change of ownership, approved Jun 2, 2025
$1,025,500 approvedLender: GBank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,025,500
- SBA-guaranteed amount
- $769,125 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 2, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,838 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 10, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 484121, General Freight Trucking, Long-Distance, Truckload
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 20% of acquisition loans in General Freight Trucking, Long-Distance, Truckload on this site.
- Average acquisition loan in General Freight Trucking, Long-Distance, Truckload: $1,974,886.
- 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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