SBA lending record
ALEXANDER'S MACHINE SHOP, INC.
1201 E Johnson Ave, Jonesboro, AR 72401 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2024
On record
38
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is ALEXANDER'S MACHINE SHOP, INC. your business?
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The loan
$5,000,000 — FY2024
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 180 mo (15 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/15/2024
- First disbursement
- 11/5/2024
- Days to fund
- 51 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Evolve Bank and Trust
1 loan to this business- Total assets
- $1208.4B
- Deposits
- $997.3B
- Loans outstanding
- $885.0B
- Net income
- $-431.0M
- Return on assets
- -0.13820082407451942%
- Return on equity
- -1.06%
- Total equity
- $161.8B
- Offices
- 10
- Founded
- 06/0
- Headquarters
- 301 Shoppingway Blvd, West Memphis, AR, 72301
- FDIC cert
- 1299
- 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 ALEXANDER'S MACHINE SHOP, INC..