SBA lending record

Dark Metal Machine Works

835 50th Avenue, Oakland, CA 94601 · Fabricated Structural Metal Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$467K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$467,000 — FY2022

Gross approval: $467,000
SBA guaranteed: $350,250 (75%)
Status: Current
Rate at approval: 7.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/15/2022
First disbursement: 8/18/2022
Days to fund: 3 days
Collateral: Required
Sold on secondary market: Yes

The lender

VelocitySBA, LLC

1 loan to this business

Full lending record on the lender page.

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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 Dark Metal Machine Works.