Ashishkumar Patel

111 Ocean Street, Santa Cruz, CA 95060 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$4.3M

Jobs Supported

25

Years Active

2011–2014

Loan History (3)

Source: SBA FOIA
7(a)$2,250,000
Cancelled
Approved
Oct 18, 2013 (FY2014)
SBA Guaranteed
$1,687,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
4.25%
Revolver
0
Jobs Supported
10
Business Type
Individual
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

West Coast Community Bank

75 River St, Santa Cruz, CA 95060

Project Location

Santa Cruz County, CA

7(a)$182,000
Cancelled
Approved
Sep 30, 2013 (FY2013)
SBA Guaranteed
$136,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
10
Business Type
Individual
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

West Coast Community Bank

75 River St, Santa Cruz, CA 95060

Project Location

Santa Cruz County, CA

7(a)$1,870,000
Paid in Full
Approved
Apr 25, 2011 (FY2011)
SBA Guaranteed
$1,402,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
5
Business Type
Individual
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Nov 30, 2013

Lender

Santa Cruz Community Credit Union

55 River Street, Santa Cruz, CA 95060

Project Location

Santa Cruz County, CA

Business Details

Business Type
Individual
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
111 Ocean Street
Santa Cruz, CA 95060

Lenders

West Coast Community Bank
75 River St, Santa Cruz, CA 95060
Santa Cruz Community Credit Union
55 River Street, Santa Cruz, CA 95060

Other SBA Borrowers in Santa Cruz

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