SBA lending record
Handel's Huntington Beach
300 PACIFIC COAST HWY, Huntington Beach, CA 92648 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$530K
Total SBA financing
1
Loan on record
FY2021
On record
15
Jobs supported
Franchise brand
Handel's Homemade Ice Cream Since 1945
See Handel's Homemade Ice Cream Since 1945's SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$530,000 — FY2021
- Gross approval
- $530,000
- SBA guaranteed
- $477,000 (90%)
- Status
- Current
- Rate at approval
- 6% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/27/2021
- First disbursement
- 10/21/2021
- Days to fund
- 24 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First Merchants Bank
1 loan to this business- Total assets
- $21048.9B
- Deposits
- $16514.8B
- Loans outstanding
- $15451.2B
- Net income
- $33.3B
- Return on assets
- 0.6645796580841603%
- Return on equity
- 5.14%
- Total equity
- $2711.8B
- Offices
- 136
- Founded
- 03/1
- Headquarters
- 200 E Jackson St, Muncie, IN, 47305
- FDIC cert
- 4365
- 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 Handel's Huntington Beach.