SBA lending record
Balancing, Inc.
702 10TH STREET, Hermosa Beach, CA 90254 · Other Accounting Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$785K
Total SBA financing
1
Loan on record
FY2024
On record
7
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$785,000 — FY2024
- Gross approval
- $785,000
- SBA guaranteed
- $588,750 (75%)
- Status
- Current
- Rate at approval
- 9.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/2/2024
- First disbursement
- 2/21/2024
- Days to fund
- 19 days
- Collateral
- Required
- Jobs supported
- 7
- Business type
The lender
Beneficial State Bank
1 loan to this business- Total assets
- $1973.8B
- Deposits
- $1655.3B
- Loans outstanding
- $1478.8B
- Net income
- $-1.7B
- Return on assets
- -0.3442506925316247%
- Return on equity
- -3.67%
- Total equity
- $184.2B
- Offices
- 9
- Founded
- 06/2
- Headquarters
- 2100 Franklin St, Oakland, CA, 94612
- FDIC cert
- 58490
- 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 Balancing, Inc..