SBA lending record
FRIENDS OF AMERICA CULTURAL EXCHANGES INC
28879 Escalante Rd, Canyon Lake, CA 92587 · Other Technical and Trade Schools. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$50K
Total SBA financing
1
Loan on record
FY2025
On record
1
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is FRIENDS OF AMERICA CULTURAL EXCHANGES INC your business?
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The loan
$50,000 — FY2025
- Gross approval
- $50,000
- SBA guaranteed
- $25,000 (50%)
- Status
- Cancelled
- Rate at approval
- 14.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/7/2024
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Individual
- Business age
- Existing or more than 2 years old
The 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
- 04/0
- Headquarters
- 1111 Brickell Ave, Miami, FL, 33131
- FDIC cert
- 18734
- 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 FRIENDS OF AMERICA CULTURAL EXCHANGES INC.