SBA lending record
Grooms Aluminum Processing, LLC
615 Industrial Park Drive, Ashville, AL 35953 · Secondary Smelting and Alloying of Aluminum. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.2M
Total SBA financing
1
Loan on record
FY2020
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Grooms Aluminum Processing, 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
$2,200,000 — FY2020
- Gross approval
- $2,200,000
- SBA guaranteed
- $1,650,000 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 6.1% v
- Term
- 180 mo (15 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/4/2019
- First disbursement
- 12/31/2019
- Days to fund
- 88 days
- Charged off
- 2/5/2026
- Charge-off amount
- $1,751,226
The lender
BizCapital BIDCO I, LLC
1 loan to this businessNo FDIC profile on file (non-bank lender).
Is Grooms Aluminum Processing, 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.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
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 Grooms Aluminum Processing, LLC.