SBA lending record
Electronic Controlled Systems, Inc.
11200 Hampshire Ave S, Bloomington, MN 55438 · Radio and Television Broadcasting and Wireless Communication. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.0M
Total SBA financing
2
Loans on record
FY2021
On record
159
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 2 loans
$1,000,000 — FY2021
Loan 1 of 2- Gross approval
- $1,000,000
- SBA guaranteed
- $900,000 (90%)
- Status
- In liquidation
- Rate at approval
- 5.25% v
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/8/2021
- First disbursement
- 4/30/2021
- Days to fund
- 22 days
- Collateral
- Required
- Jobs supported
- 68
The lender
Choice Financial Group
2 loans to this business- Total assets
- $6133.3B
- Deposits
- $5019.4B
- Loans outstanding
- $3061.9B
- Net income
- $19.5B
- Return on assets
- 1.2881939299718281%
- Return on equity
- 11.26%
- Total equity
- $700.0B
- Offices
- 18
- Founded
- 01/0
- Headquarters
- 4501 23rd Ave S, Fargo, ND, 58104
- FDIC cert
- 9423
- Website
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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 Electronic Controlled Systems, Inc..