Young Ocean Inc.

20233 80th Avenue South, Kent, WA 98032 · Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

7

Total Amount

$13.5M

Jobs Supported

241

Years Active

2011–2017

Loan History (7)

Source: SBA FOIA
7(a)$2,000,000
Paid in Full
Approved
Nov 9, 2016 (FY2017)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
173
Business Type
Corporation
Industry
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Paid in Full
Nov 30, 2017

Lender

East West Bank

135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101

Project Location

King County, WA

7(a)$2,000,000
Paid in Full
Approved
Dec 8, 2015 (FY2016)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
20
Business Type
Corporation
Industry
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 424990)
Paid in Full
Feb 28, 2017

Lender

East West Bank

135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101

Project Location

King County, WA

7(a)$2,000,000
Paid in Full
Approved
Dec 3, 2014 (FY2015)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
12
Business Type
Corporation
Industry
Fish and Seafood Merchant Wholesalers (NAICS 424460)
Paid in Full
Feb 29, 2016

Lender

East West Bank

135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101

Project Location

King County, WA

7(a)$2,000,000
Paid in Full
Approved
Nov 7, 2013 (FY2014)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Industry
Fish and Seafood Merchant Wholesalers (NAICS 424460)
Paid in Full
Mar 31, 2015

Lender

East West Bank

135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101

Project Location

King County, WA

7(a)$1,500,000
Paid in Full
Approved
Sep 25, 2012 (FY2012)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
10
Business Type
Corporation
Industry
Fish and Seafood Merchant Wholesalers (NAICS 424460)
Paid in Full
Dec 31, 2013

Lender

East West Bank

135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101

Project Location

King County, WA

7(a)$2,000,000
Paid in Full
Approved
Sep 22, 2011 (FY2011)
SBA Guaranteed
$1,800,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.25%
Revolver
0
Jobs Supported
8
Business Type
Corporation
Industry
Fish and Seafood Merchant Wholesalers (NAICS 424460)
Paid in Full
Aug 31, 2012

Lender

Bank of Hope

3200 Wilshire Blvd 1st Fl, Los Angeles, CA 90010

Project Location

King County, WA

7(a)$2,000,000
Paid in Full
Approved
Jan 6, 2011 (FY2011)
SBA Guaranteed
$1,800,000 (90%)
Term
8 months
Interest Rate
4.25%
Revolver
1
Jobs Supported
8
Business Type
Corporation
Industry
Fish and Seafood Merchant Wholesalers (NAICS 424460)
Paid in Full
Jan 31, 2012

Lender

Bank of Hope

3200 Wilshire Blvd 1st Fl, Los Angeles, CA 90010

Project Location

King County, WA

Business Details

Business Type
Corporation
NAICS Code
424990 Other Miscellaneous Nondurable Goods Merchant Wholesalers
Address
20233 80th Avenue South
Kent, WA 98032

Lenders

East West Bank
135 N Los Robles Ave, 7th Fl, Pasadena, CA 91101
Bank of Hope
3200 Wilshire Blvd 1st Fl, Los Angeles, CA 90010

Other SBA Borrowers in Kent

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