SBA lending record
Grand Electric & Construction Co. Inc.
133 TANFORAN AVE, San Bruno, CA 94066 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.5M
Total SBA financing
2
Loans on record
FY2023
On record
28
Jobs supported
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All 2 loans
$3,978,000 — FY2023
Loan 1 of 2- Gross approval
- $3,978,000
- SBA guaranteed
- $2,983,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 10.5% v
- Term
- 284 mo (24 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/26/2023
- First disbursement
- 9/12/2023
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
The lender
Beacon Bank and Trust
2 loans to this business- Total assets
- $22181.2B
- Deposits
- $18436.8B
- Loans outstanding
- $17679.8B
- Net income
- $50.9B
- Return on assets
- 0.8976703069436454%
- Return on equity
- 8.11%
- Total equity
- $2511.0B
- Offices
- 150
- Founded
- 01/0
- Headquarters
- 2 Harvard St, Brookline, MA, 02445
- FDIC cert
- 17798
- 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 Grand Electric & Construction Co. Inc..