SBA lending record
Generations on 1st LLC
26 1ST AVE SW, Watertown, SD 57201 · New Multifamily Housing Construction (except For-Sale Builde. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.6M
Total SBA financing
1
Loan on record
FY2021
On record
1
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Generations on 1st LLC your business?
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The loan
$1,565,200 — FY2021
- Gross approval
- $1,565,200
- SBA guaranteed
- $1,408,680 (90%)
- Status
- Paid in full
- Rate at approval
- 4.35% f
- Term
- 24 mo (2 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/15/2021
- First disbursement
- 3/15/2021
- Days to fund
- 0 days
- Paid in full
- 8/31/2021
- Collateral
- Required
The lender
Red River State Bank
1 loan to this business- Total assets
- $120.2B
- Deposits
- $102.4B
- Loans outstanding
- $97.8B
- Net income
- $631.0M
- Return on assets
- 2.0988208684661314%
- Return on equity
- 15.04%
- Total equity
- $17.1B
- Offices
- 2
- Founded
- 01/0
- Headquarters
- 300 2nd Ave W, Halstad, MN, 56548
- FDIC cert
- 15820
- Website
- www.redriverbank.com
Is Generations on 1st LLC your business?
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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 Generations on 1st LLC.