SBA lending record
1402 H, LLC
1402 & 1406 HIGHLAND AVE, Selma, AL 36703 · New Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
2
Loans on record
FY2023
On record
180
Jobs supported
Franchise brand
Honda Automobile Division - Dealer Sales and Service Agreeme
See Honda Automobile Division - Dealer Sales and Service Agreeme's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 2 loans
$4,200,000 — FY2023
Loan 1 of 2- Gross approval
- $4,200,000
- SBA guaranteed
- $3,150,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/23/2023
- First disbursement
- 6/2/2023
- Days to fund
- 10 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Live Oak Banking Company
2 loans to this business- Total assets
- $15229.8B
- Deposits
- $13966.7B
- Loans outstanding
- $12400.2B
- Net income
- $33.6B
- Return on assets
- 0.8886792544404991%
- Return on equity
- 11.66%
- Total equity
- $1171.3B
- Offices
- 1
- Founded
- 05/1
- Headquarters
- 1757 Tiburon Dr, Wilmington, NC, 28403
- FDIC cert
- 58665
- Website
Is 1402 H, LLC your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with 1402 H, LLC.