SBA lending record
IGNITE POWER LLC
300 W GRAND AVE STE 100B, Escondido, CA 92025 · Wholesale Trade Agents and Brokers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.5M
Total SBA financing
1
Loan on record
FY2023
On record
6
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is IGNITE POWER 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
$1,500,000 — FY2023
- Gross approval
- $1,500,000
- SBA guaranteed
- $1,125,000 (75%)
- Status
- Current
- Rate at approval
- 11.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/21/2023
- First disbursement
- 9/6/2023
- Days to fund
- 16 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Newtek Bank, National Association
1 loan to this business- Total assets
- $2162.1B
- Deposits
- $1936.2B
- Loans outstanding
- $1642.2B
- Net income
- $20.2B
- Return on assets
- 4.152200415970278%
- Return on equity
- 46.2%
- Total equity
- $182.5B
- Offices
- 1
- Founded
- 04/0
- Headquarters
- 1111 Brickell Ave, Miami, FL, 33131
- FDIC cert
- 18734
- Website
Is IGNITE POWER 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.
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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 IGNITE POWER LLC.