SBA 7(a)PURCH(NOT C/O)

Hybrid Drive Batteries LLC

Yorba Linda, CANewtek Bank, National AssociationBattery Manufacturing · NAICS 335910

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APPROVAL AMOUNT

$150,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-12-21

11.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Yorba Linda, CA 92887

INDUSTRY

Battery Manufacturing · NAICS 335910

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.5%

LOAN STATUS

PURCH(NOT C/O)

Yorba Linda, CA 92887

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