SBA lending record
BUSCH ELECTRIC, INC.
1541 3RD AVE, Walnut Creek, CA 94597 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2023
On record
20
Jobs supported
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The loan
$350,000 — FY2023
- Gross approval
- $350,000
- SBA guaranteed
- $175,000 (50%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/17/2023
- First disbursement
- 3/6/2023
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First-Citizens Bank & Trust Company
1 loan to this business- Total assets
- $235521.0B
- Deposits
- $171449.0B
- Loans outstanding
- $148253.0B
- Net income
- $559.0B
- Return on assets
- 0.9620245539987909%
- Return on equity
- 9.55%
- Total equity
- $23476.0B
- Offices
- 518
- Founded
- 01/0
- Headquarters
- 239 Fayetteville St, Raleigh, NC, 27601
- FDIC cert
- 11063
- 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 BUSCH ELECTRIC, INC..