SBA lending record
2M TEXTILE, INC.
2537-2539 East 54th Street, Huntington Park, CA 90255 · Piece Goods, Notions, and Other Dry Goods Merchant Wholesale. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.9M
Total SBA financing
1
Loan on record
FY2021
On record
5
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is 2M TEXTILE, INC. your business?
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The loan
$2,940,000 — FY2021
- Gross approval
- $2,940,000
- SBA guaranteed
- $2,646,000 (90%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 4.25% v
- Term
- 258 mo (22 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/15/2021
- First disbursement
- 9/23/2021
- Days to fund
- 8 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Commonwealth Business Bank
1 loan to this business- Total assets
- $1990.9B
- Deposits
- $1686.7B
- Loans outstanding
- $1449.9B
- Net income
- $5.8B
- Return on assets
- 1.1634305793740207%
- Return on equity
- 8.59%
- Total equity
- $272.8B
- Offices
- 11
- Founded
- 03/0
- Headquarters
- 3435 Wilshire Blvd, Los Angeles, CA, 90010
- FDIC cert
- 57873
- Website
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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 2M TEXTILE, INC..