SBA lending record
Hobbs Wood Logistics Inc
35 FISH HATCHERY LN, Eastaboga, AL 36260 · Couriers and Express Delivery Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$594K
Total SBA financing
1
Loan on record
FY2020
On record
16
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Hobbs Wood Logistics Inc your business?
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The loan
$594,100 — FY2020
- Gross approval
- $594,100
- SBA guaranteed
- $445,575 (75%)
- Status
- Current
- Rate at approval
- 7.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/14/2019
- First disbursement
- 10/31/2019
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Stearns Bank National Association
1 loan to this business- Total assets
- $3296.5B
- Deposits
- $2518.5B
- Loans outstanding
- $2764.0B
- Net income
- $17.4B
- Return on assets
- 2.099832082106579%
- Return on equity
- 12.81%
- Total equity
- $529.6B
- Offices
- 7
- Founded
- 05/2
- Headquarters
- 4191 2nd St S, Saint Cloud, MN, 56301
- FDIC cert
- 10988
- 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 Hobbs Wood Logistics Inc.