SBA lending record

Bay Area Metal Fabrication LLC

510 STONE RD, Benicia, CA 94510 · All Other Miscellaneous Fabricated Metal Product Manufacturi. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$697K

Total SBA financing

Loans on record

FY2020–22

On record

Jobs supported

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

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All 2 loans

$150,000 — FY2022

Loan 1 of 2

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: In workout — SBA bought the guarantee
Rate at approval: 6.75% v
Term: 82 mo (7 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/25/2022
First disbursement: 6/27/2022
Days to fund: 2 days
Collateral: Required
Sold on secondary market

The lenders

Newtek Small Business Finance, Inc.

1 loan to this business

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

BayFirst National Bank

1 loan to this business

Total assets: $1194.7B
Deposits: $1086.3B
Loans outstanding: $909.8B
Net income: $-5.5B
Return on assets: -1.750869941447868%
Return on equity: -24.07%
Total equity: $87.9B
Offices: 12
Founded

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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 Bay Area Metal Fabrication LLC.