SBA lending record

A Premier Advantage Corporation

9916 Highway 31, Warrior, AL 35180 · All Other Specialty Trade Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$800K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

● business · ● lender — business location is the ZIP-area centroid from the public record

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The loan

$799,900 — FY2022

Gross approval: $799,900
SBA guaranteed: $599,925 (75%)
Status: Paid in full
Rate at approval: 5% v
Term: 84 mo (7 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/4/2022
First disbursement: 4/6/2022
Days to fund: 33 days
Paid in full: 4/30/2024
Collateral: Required
Sold on secondary market

The lender

SouthPoint Bank

1 loan to this business

Total assets: $1444.0B
Deposits: $1318.7B
Loans outstanding: $1100.3B
Net income: $-973.0M
Return on assets: -0.25883674430993103%
Return on equity: -3.34%
Total equity: $115.8B
Offices: 11
Founded: 10/1
Headquarters: 3501 Grandview Pkwy, Birmingham, AL, 35243
FDIC cert: 58088
Website: http://www.southpoint.bank

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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 A Premier Advantage Corporation.