SBA lending record
DRIVING SYSTEMS INC
16141 RUNNYMEDE ST, Van Nuys, CA 91406 · Automobile Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.1M
Total SBA financing
1
Loan on record
FY2021
On record
8
Jobs supported
Is DRIVING SYSTEMS INC your business?
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The loan
$1,146,700 — FY2021
- Gross approval
- $1,146,700
- SBA guaranteed
- $860,025 (75%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/9/2020
- First disbursement
- 10/31/2020
- Days to fund
- 22 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First Bank
1 loan to this business- Total assets
- $12937.6B
- Deposits
- $11028.4B
- Loans outstanding
- $8680.3B
- Net income
- $48.3B
- Return on assets
- 1.510177976834223%
- Return on equity
- 11.21%
- Total equity
- $1740.1B
- Offices
- 116
- Founded
- 01/0
- Headquarters
- 205 Se Broad St, Southern Pines, NC, 28387
- FDIC cert
- 15019
- Website
- www.localfirstbank.com
Is DRIVING SYSTEMS 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 DRIVING SYSTEMS INC.