SBA lending record
Friends Development Group LLC
1002 N University Ave, Lafayette, LA 70506 · Gasoline Stations with Convenience Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.6M
Total SBA financing
1
Loan on record
FY2025
On record
12
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Friends Development Group LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$2,646,200 — FY2025
- Gross approval
- $2,646,200
- SBA guaranteed
- $1,984,650 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 318 mo (27 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/31/2025
- First disbursement
- 2/14/2025
- Days to fund
- 14 days
- Collateral
- Required
- Jobs supported
- 12
- Business type
The lender
American Bank
1 loan to this business- Total assets
- $359.3B
- Deposits
- $317.3B
- Loans outstanding
- $235.3B
- Net income
- $157.0M
- Return on assets
- 0.1801974999031582%
- Return on equity
- 1.61%
- Total equity
- $39.0B
- Offices
- 5
- Founded
- 09/1
- Headquarters
- 1819 N Columbia St, Covington, LA, 70433
- FDIC cert
- 19234
- Website
- www.americanbankusa.com
Is Friends Development Group LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Friends Development Group LLC.