SBA lending record

BeFun Inc.

10640 HICKSON ST, El Monte, CA 91731 · All Other Plastics Product Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.2M

Total SBA financing

Loans on record

FY2023

On record

Jobs supported

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All 2 loans

$867,000 — FY2023

Loan 1 of 2

Gross approval: $867,000
SBA guaranteed: $650,250 (75%)
Status: Cancelled
Rate at approval: 10% f
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/4/2023
Collateral: Required
Jobs supported: 6
Business type: Corporation
Business age: Existing or more than 2 years old

The lenders

LendingClub Bank, National Association

1 loan to this business

Total assets: $11845.7B
Deposits: $10282.6B
Loans outstanding: $6536.4B
Net income: $51.0B
Return on assets: 1.7497766398162702%
Return on equity: 15.29%
Total equity: $1362.1B
Offices: 3
Founded: 08/2
Headquarters: 2701 N Thanksgiving Way, Lehi, UT, 84043
FDIC cert: 32551
Website

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BeFun Inc.

All 2 loans

$867,000 — FY2023

The lenders

LendingClub Bank, National Association

$350,000 — FY2023

BMO Bank National Association