SBA lending record
CSquared FTL, LLC
525 N Federal Highway, Fort Lauderdale, FL 33301 · Fitness and Recreational Sports Centers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$150K
Total SBA financing
1
Loan on record
FY2023
On record
22
Jobs supported
Franchise brand
CycleBar
See CycleBar's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$150,000 — FY2023
- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/28/2023
- First disbursement
- 7/12/2023
- Days to fund
- 14 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Locality Bank
1 loan to this business- Total assets
- $358.0B
- Deposits
- $294.1B
- Loans outstanding
- $287.2B
- Net income
- $84.0M
- Return on assets
- 0.09528333321517445%
- Return on equity
- 0.7%
- Total equity
- $48.1B
- Offices
- 1
- Founded
- 01/1
- Headquarters
- 1400 S Andrews Ave, Fort Lauderdale, FL, 33316
- FDIC cert
- 59278
- Website
- www.localitybank.com
Is CSquared FTL, 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 CSquared FTL, LLC.