SBA lending record
Eduction LLC
602 W. Pecan Boulevard, Mcallen, TX 78501 · Other Personal Care Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2021
On record
5
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Eduction LLC your business?
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The loan
$350,000 — FY2021
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Current
- Rate at approval
- 5.75% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/3/2020
- First disbursement
- 9/1/2021
- Days to fund
- 272 days
- Collateral
- Required
- Jobs supported
- 5
- Business type
The lender
Rio Bank
1 loan to this business- Total assets
- $1425.9B
- Deposits
- $1189.0B
- Loans outstanding
- $786.0B
- Net income
- $3.1B
- Return on assets
- 0.8903396867212986%
- Return on equity
- 8.36%
- Total equity
- $150.5B
- Offices
- 25
- Founded
- 02/1
- Headquarters
- 701 E Expressway 83, Mcallen, TX, 78501
- FDIC cert
- 25886
- Website
- www.rio.bank
Is Eduction LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Eduction LLC.