SBA lending record

American River Residential Care LLC

124 HILLSWOOD DR, Folsom, CA 95630 · Assisted Living Facilities for the Elderly. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$584K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

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

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The loan

$584,000 — FY2020

Gross approval: $584,000
SBA guaranteed: $438,000 (75%)
Status: Paid in full
Rate at approval: 6% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 9/4/2020
First disbursement: 9/30/2020
Days to fund: 26 days
Paid in full: 10/31/2021
Collateral: Required
Sold on secondary market

The lender

United Midwest Savings Bank National Association

1 loan to this business

Total assets: $520.6B
Deposits: $429.7B
Loans outstanding: $363.1B
Net income: $2.8B
Return on assets: 2.202309972402985%
Return on equity: 16.08%
Total equity: $71.7B
Offices: 6
Founded: 05/0
Headquarters: 101 S Main St, Degraff, OH, 43318
FDIC cert: 32441
Website

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