SBA lending record
Floor Coverings International Redlands
1322 Monterey Street, Redlands, CA 92373 · Floor Covering Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$245K
Total SBA financing
1
Loan on record
FY2023
On record
3
Jobs supported
Franchise brand
Floor Coverings International
See Floor Coverings International's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$245,000 — FY2023
- Gross approval
- $245,000
- SBA guaranteed
- $183,750 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/2/2023
- First disbursement
- 6/30/2023
- Days to fund
- 28 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Readycap Lending, LLC
1 loan to this businessFull lending record on the lender page.
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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 Floor Coverings International Redlands.