SBA lending record
Covenant Pools LLC
111 East Grand Avenue, Rainbow City, AL 35906 · Sporting and Recreational Goods and Supplies Merchant Wholes. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$872K
Total SBA financing
1
Loan on record
FY2023
On record
6
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Covenant Pools LLC your business?
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The loan
$872,000 — FY2023
- Gross approval
- $872,000
- SBA guaranteed
- $654,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 240 mo (20 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/21/2023
- First disbursement
- 8/21/2023
- Days to fund
- 0 days
- Collateral
- Required
- Jobs supported
- 6
- Business type
The lender
Millennial Bank
1 loan to this business- Total assets
- $199.9B
- Deposits
- $182.9B
- Loans outstanding
- $154.4B
- Net income
- $358.0M
- Return on assets
- 0.7256603534553747%
- Return on equity
- 9.34%
- Total equity
- $15.5B
- Offices
- 2
- Founded
- 12/3
- Headquarters
- 7924 Parkway Dr, Leeds, AL, 35094
- FDIC cert
- 34460
- Website
- www.millennial.bank
Is Covenant Pools LLC your business?
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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 Covenant Pools LLC.