SBA lending record
EXPRESS ELECTRICAL SERVICE
1011 GOODRICH BLVD, Commerce, CA 90022 · Plumbing, Heating, and Air-Conditioning Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$640K
Total SBA financing
1
Loan on record
FY2022
On record
110
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$640,000 — FY2022
- Gross approval
- $640,000
- SBA guaranteed
- $480,000 (75%)
- Status
- Paid in full
- Rate at approval
- 6.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/4/2022
- First disbursement
- 8/23/2022
- Days to fund
- 19 days
- Paid in full
- 5/31/2023
- Collateral
- Required
The lender
Live Oak Banking Company
1 loan to this business- Total assets
- $15229.8B
- Deposits
- $13966.7B
- Loans outstanding
- $12400.2B
- Net income
- $33.6B
- Return on assets
- 0.8886792544404991%
- Return on equity
- 11.66%
- Total equity
- $1171.3B
- Offices
- 1
- Founded
- 05/1
- Headquarters
- 1757 Tiburon Dr, Wilmington, NC, 28403
- FDIC cert
- 58665
- 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 EXPRESS ELECTRICAL SERVICE.