Main Street Registry

Trini and Kassie logistics Inc.

South San Francisco, CA · Couriers and Express Delivery Services · NAICS 492110

Trini and Kassie logistics Inc. is a business in South San Francisco, California, in the couriers and express delivery services industry. It was financed with an SBA 7(a) loan for a change of ownership of $726,000, made by GBank with an approval date of October 10, 2024, and the loan reports 7 jobs.

SBA 7(a) loan, change of ownership, approved Oct 10, 2024

$726,000 approvedLender: GBank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$726,000
SBA-guaranteed amount
$544,500 (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
October 10, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,796 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 25, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
492110, Couriers and Express Delivery Services
Project location
San Mateo County, CA
SBA district office
San Francisco District Office
Congressional district
CA-14
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 24% of acquisition loans in Couriers and Express Delivery Services on this site.
  • Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
  • 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