SBA lending record
Charles D. Hoover, Inc.
905 Garnett Road, Monticello, AR 71655 · Logging. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$496K
Total SBA financing
1
Loan on record
FY2025
On record
6
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$496,000 — FY2025
- Gross approval
- $496,000
- SBA guaranteed
- $372,000 (75%)
- Status
- Current
- Rate at approval
- 8.5% f
- Term
- 72 mo (6 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/23/2024
- First disbursement
- 11/29/2024
- Days to fund
- 37 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
The lender
Commercial Bank & Trust Company
1 loan to this business- Total assets
- $372.9B
- Deposits
- $344.7B
- Loans outstanding
- $248.9B
- Net income
- $582.0M
- Return on assets
- 0.6225231440627657%
- Return on equity
- 9.33%
- Total equity
- $25.1B
- Offices
- 8
- Founded
- 01/0
- Headquarters
- 212 W Gaines St, Monticello, AR, 71655
- FDIC cert
- 90
- 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 Charles D. Hoover, Inc..