SBA lending record
Armellino Italian Ice Corp
1201 University Blvd, Tuscaloosa, AL 35401 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$787K
Total SBA financing
2
Loans on record
FY2020–21
On record
84
Jobs supported
Franchise brand
Rita's Ice-Custard-Happiness
See Rita's Ice-Custard-Happiness's SBA financing data — typical deal, failure rate, and how its loans perform →
Is Armellino Italian Ice Corp your business?
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All 2 loans
$25,000 — FY2021
Loan 1 of 2- Gross approval
- $25,000
- SBA guaranteed
- $12,500 (50%)
- Status
- In liquidation
- Rate at approval
- 6% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/16/2020
- First disbursement
- 11/23/2020
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 42
The lender
TowneBank
2 loans to this business- Total assets
- $22358.7B
- Deposits
- $18593.0B
- Loans outstanding
- $15239.1B
- Net income
- $41.0B
- Return on assets
- 0.77994486473628%
- Return on equity
- 6.17%
- Total equity
- $2891.7B
- Offices
- 93
- Founded
- 04/0
- Headquarters
- 5716 High St W, Portsmouth, VA, 23703
- FDIC cert
- 35095
- Website
- www.townebank.com
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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 Armellino Italian Ice Corp.