SBA lending record
Desert Gate Real Estate Inc
74330 ALESSANDRO DR, Palm Desert, CA 92260 · Offices of Real Estate Agents and Brokers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$800K
Total SBA financing
4
Loans on record
FY2020–24
On record
20
Jobs supported
Is Desert Gate Real Estate Inc your business?
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All 4 loans
$150,000 — FY2024
Loan 1 of 4- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/25/2024
- First disbursement
- 9/27/2024
- Days to fund
- 2 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lenders
First Merchants Bank
1 loan to this business- Total assets
- $21048.9B
- Deposits
- $16514.8B
- Loans outstanding
- $15451.2B
- Net income
- $33.3B
- Return on assets
- 0.6645796580841603%
- Return on equity
- 5.14%
- Total equity
- $2711.8B
- Offices
- 136
- Founded
- 03/1
- Headquarters
- 200 E Jackson St, Muncie, IN, 47305
- FDIC cert
- 4365
- Website
Is Desert Gate Real Estate Inc 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 Desert Gate Real Estate Inc.