Kwong and Mark Inc

1225 7th St, Oakland, CA 94607 · General Automotive Repair (NAICS 811111)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$6.3M

Jobs Supported

42

Years Active

2000–2020

Loan History (3)

Source: SBA FOIA
7(a)$3,844,000
Exempt
Approved
Jun 24, 2020 (FY2020)
SBA Guaranteed
$2,883,000 (75%)
Term
277 months (23.1 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
General Automotive Repair (NAICS 811111)

Lender

Velocitysba, Llc

6363 N. State Hwy161, Irving, TX 75038

Project Location

Alameda County, CA

7(a)$2,384,000
Paid in Full
Approved
Nov 14, 2016 (FY2017)
SBA Guaranteed
$1,788,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Industry
General Automotive Repair (NAICS 811111)
Paid in Full
Jul 31, 2018

Lender

Columbia Bank

5885 Meadows, Ste 400, Lake Oswego, OR 97035

Project Location

Alameda County, CA

7(a)$50,000
Paid in Full
Approved
Feb 29, 2000 (FY2000)
SBA Guaranteed
$25,000 (50%)
Term
60 months (5.0 yrs)
Revolver
1
Jobs Supported
24
Business Type
Corporation
Paid in Full
Aug 31, 2006

Lender

Citibank (west), Fsb

One Sansome St, San Francisco, CA 94104

Project Location

Alameda County, CA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
811111 General Automotive Repair
Address
1225 7th St
Oakland, CA 94607

Lenders

Velocitysba, Llc
6363 N. State Hwy161, Irving, TX 75038
Columbia Bank
5885 Meadows, Ste 400, Lake Oswego, OR 97035
Citibank (west), Fsb
One Sansome St, San Francisco, CA 94104

Other SBA Borrowers in Oakland

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