Mag Auto Group Inc.
1890 Main St, Walnut Creek, CA 94596 · Used Car Dealers (NAICS 441120)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$6.8M
Jobs Supported
20
Years Active
2021–2021
Loan History (2)
Source: SBA FOIA7(a)$4,650,000
Cancelled
- Approved
- Jul 29, 2021 (FY2021)
- SBA Guaranteed
- $3,534,000 (76%)
- Term
- 127 months (10.6 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Used Car Dealers (NAICS 441120)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Contra Costa County, CA
7(a)$2,129,900
Cancelled
- Approved
- Sep 9, 2021 (FY2021)
- SBA Guaranteed
- $1,597,425 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 10
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Used Car Dealers (NAICS 441120)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Contra Costa County, CA
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 441120 — Used Car Dealers
- Address
- 1890 Main St
Walnut Creek, CA 94596
Lender
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042