SBA lending record
Force Demolition, Inc.
240 Cross Rail Lane, Norco, CA 92860 · Site Preparation Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
2
Loans on record
FY2020–21
On record
13
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 2 loans
$350,000 — FY2021
Loan 1 of 2- Gross approval
- $350,000
- SBA guaranteed
- $175,000 (50%)
- Status
- Paid in full
- Rate at approval
- 4.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/30/2020
- First disbursement
- 11/24/2020
- Days to fund
- 25 days
- Paid in full
- 7/31/2022
- Collateral
The lender
American Business Bank
2 loans to this business- Total assets
- $4371.2B
- Deposits
- $3904.1B
- Loans outstanding
- $3062.2B
- Net income
- $15.9B
- Return on assets
- 1.4455546812546687%
- Return on equity
- 15.24%
- Total equity
- $421.5B
- Offices
- 10
- Founded
- 09/2
- Headquarters
- 400 S Hope St, Los Angeles, CA, 90071
- FDIC cert
- 34788
- 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 Force Demolition, Inc..