SBA lending record

DEM 924 Inc.

2472-2 WHIPPLE RD #222, Hayward, CA 94544 · Postal Service. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$306K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

Franchise brand

The UPS Store

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

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The loan

$306,000 — FY2022

Gross approval: $306,000
SBA guaranteed: $229,500 (75%)
Status: Current
Rate at approval: 6.25% v
Term: 124 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/19/2022
First disbursement: 6/9/2022
Days to fund: 21 days
Collateral: Required
Sold on secondary market: Yes

The lender

Citizens Bank

1 loan to this business

Total assets: $1401.8B
Deposits: $1159.5B
Loans outstanding: $1106.5B
Net income: $6.3B
Return on assets: 1.8269051049343166%
Return on equity: 14.41%
Total equity: $175.4B
Offices: 14
Founded: 11/0
Headquarters: 300 Broad St, Elizabethton, TN, 37643
FDIC cert: 14851
Website: www.citizensbank24.com

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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 DEM 924 Inc..