SBA lending record

FAVIS USA, INC

5321 Perimeter Pkwy, Montgomery, AL 36116 · Other Commercial and Service Industry Machinery Manufacturin. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$210K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

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

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The loan

$210,000 — FY2022

Gross approval: $210,000
SBA guaranteed: $157,500 (75%)
Status: Current
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/10/2022
First disbursement: 1/31/2022
Days to fund: 21 days
Collateral: Required
Sold on secondary market: Yes

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

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

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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 FAVIS USA, INC.