Sehaj & Rai Inc

2924 Mchenry Ave, Modesto, CA 95350

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$8.4M

Jobs Supported

26

Years Active

2023–2025

Loan History (2)

Source: SBA FOIA
7(a)$4,258,000
Committed
Approved
Mar 26, 2025 (FY2025)
SBA Guaranteed
$681,280 (16%)
Term
300 months (25.0 yrs)
Interest Rate
7.65%
Revolver
0
Jobs Supported
13
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old

Lender

Wells Fargo Bank National Association

3201 N 4th Ave, Sioux Falls, SD 57104

Project Location

Stanislaus County, CA

7(a)$4,158,300
Exempt
Approved
Nov 22, 2022 (FY2023)
SBA Guaranteed
$3,118,725 (75%)
Term
300 months (25.0 yrs)
Interest Rate
8.25%
Revolver
0
Jobs Supported
13
Business Type
Corporation
Business Age
New Business or 2 Years or Less

Lender

Celtic Bank Corporation

268 S State St, Ste 300, Salt Lake City, UT 84111

Project Location

Stanislaus County, CA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
457110
Address
2924 Mchenry Ave
Modesto, CA 95350

Lenders

Wells Fargo Bank National Association
3201 N 4th Ave, Sioux Falls, SD 57104
Celtic Bank Corporation
268 S State St, Ste 300, Salt Lake City, UT 84111

Other SBA Borrowers in Modesto

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