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Twin Peaks Online Corporation

Oceanside, CA · Custom Computer Programming Services · NAICS 541511

Twin Peaks Online Corporation is located in Oceanside, CA, and the SBA lists its industry as Custom Computer Programming Services. It was approved for an SBA 7(a) loan of $2,492,000 for a change of ownership on July 12, 2024.

SBA 7(a) loan, change of ownership, approved Jul 12, 2024

Gross approval
$2,492,000
SBA-guaranteed amount
$1,869,000 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
July 12, 2034 (estimated, approval date plus term)
Estimated monthly payment
$32,932 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
541511, Custom Computer Programming Services
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-49
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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