SBA lending record

Faith Memorial Chapel L.L.C.

600 9TH AVE N, Bessemer, AL 35020 · Funeral Homes and Funeral Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.8M

Total SBA financing

Loans on record

FY2022–23

On record

Jobs supported

● business · ● lender — business location is the ZIP-area centroid from the public record

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All 3 loans

$225,000 — FY2023

Loan 1 of 3

Gross approval: $225,000
SBA guaranteed: $168,750 (75%)
Status: Cancelled
Rate at approval: 11.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/5/2023
Collateral: Required
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old

The lenders

Newtek Small Business Finance, Inc.

2 loans to this business

No FDIC profile on file (non-bank lender).

Newtek Bank, National Association

1 loan to this business

Total assets: $2162.1B
Deposits: $1936.2B
Loans outstanding: $1642.2B
Net income: $20.2B
Return on assets: 4.152200415970278%
Return on equity: 46.2%
Total equity: $182.5B
Offices: 1
Founded

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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 Faith Memorial Chapel L.L.C..