SBA lending record

AMS LUMBER SUPPLY, LLC

507 N Main St, Atmore, AL 36502 · Other Building Material Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$100K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

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

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The loan

$100,000 — FY2022

Gross approval: $100,000
SBA guaranteed: $85,000 (85%)
Status: In workout — SBA bought the guarantee
Rate at approval: 8.5% v
Term: 84 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/5/2022
First disbursement: 9/6/2022
Days to fund: 32 days
Collateral: Required
Sold on secondary market: Yes

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

No FDIC profile on file (non-bank lender).

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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 AMS LUMBER SUPPLY, LLC.