Main Street Registry

Wednesday & Jupiter, Inc.

Petaluma, CA · Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers · NAICS 424310

Wednesday & Jupiter, Inc. is located in Petaluma, CA, and the SBA lists its industry as Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers. It was approved for an SBA 7(a) loan of $4,500,000 for a change of ownership on November 2, 2023.

SBA 7(a) loan, change of ownership, approved Nov 2, 2023

Gross approval
$4,500,000
SBA-guaranteed amount
$3,375,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
November 2, 2033 (estimated, approval date plus term)
Estimated monthly payment
$57,004 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 20, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
424310, Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers
Project location
Sonoma County, CA
SBA district office
San Francisco District Office
Congressional district
CA-02
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