SBA lending record
ARAR International, Inc
5200 E Ramon Rd, Palm Springs, CA 92264 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$383K
Total SBA financing
1
Loan on record
FY2022
On record
17
Jobs supported
Franchise brand
Dickey's Barbecue Pit
See Dickey's Barbecue Pit's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
Is ARAR International, Inc your business?
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The loan
$382,500 — FY2022
- Gross approval
- $382,500
- SBA guaranteed
- $286,875 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6% v
- Term
- 86 mo (7 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/16/2021
- First disbursement
- 4/8/2022
- Days to fund
- 113 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Luminate Bank
1 loan to this business- Total assets
- $517.3B
- Deposits
- $421.0B
- Loans outstanding
- $414.1B
- Net income
- $4.0B
- Return on assets
- 3.1116660248855488%
- Return on equity
- 31.84%
- Total equity
- $51.7B
- Offices
- 2
- Founded
- 03/0
- Headquarters
- 2523 South Wayzata Boulevard, Minneapolis, MN, 55405
- FDIC cert
- 16635
- Website
- luminate.bank
Is ARAR International, Inc your business?
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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 ARAR International, Inc.