SBA lending record
Glamos Wire Inc
5564 N 152nd St, Hugo, MN 55038 · Other Fabricated Wire Product Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.0M
Total SBA financing
1
Loan on record
FY2020
On record
50
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Glamos Wire Inc your business?
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The loan
$2,000,000 — FY2020
- Gross approval
- $2,000,000
- SBA guaranteed
- $1,500,000 (75%)
- Status
- Current
- Rate at approval
- 7.25% v
- Term
- 94 mo (8 yr)
- Program
- Seasonal Line of Credit (CAPLine)
- Subprogram
- Seasonal Line of Credit
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/11/2019
- First disbursement
- 10/31/2019
- Days to fund
- 20 days
- Collateral
- Required
- Jobs supported
- 50
The lender
Platinum Bank
1 loan to this business- Total assets
- $708.0B
- Deposits
- $569.9B
- Loans outstanding
- $631.9B
- Net income
- $2.3B
- Return on assets
- 1.339653927492016%
- Return on equity
- 15.9%
- Total equity
- $59.9B
- Offices
- 2
- Founded
- 02/1
- Headquarters
- 7667 10th St N, Oakdale, MN, 55128
- FDIC cert
- 58511
- Website
- www.platinumbankmn.com
Is Glamos Wire Inc 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 Glamos Wire Inc.