SBA lending record
CUTTING THE PATTERN, LLC
685 WEST RAILROAD AVE, Independence, LA 70443 · Child Day Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$100K
Total SBA financing
1
Loan on record
FY2021
On record
12
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$100,000 — FY2021
- Gross approval
- $100,000
- SBA guaranteed
- $90,000 (90%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/8/2021
- First disbursement
- 6/23/2021
- Days to fund
- 15 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First Guaranty Bank
1 loan to this business- Total assets
- $3956.1B
- Deposits
- $3512.2B
- Loans outstanding
- $1886.1B
- Net income
- $3.4B
- Return on assets
- 0.33577080928011355%
- Return on equity
- 5.14%
- Total equity
- $261.2B
- Offices
- 30
- Founded
- 03/1
- Headquarters
- 400 E Thomas St, Hammond, LA, 70401
- FDIC cert
- 14028
- Website
- www.fgb.net
Is CUTTING THE PATTERN, 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 CUTTING THE PATTERN, LLC.