SBA lending record

Independent Insurance Partners, LLC

800 E Ocean Blvd Unit 805, Long Beach, CA 90802 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$150K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

● business · ● lender — business location is the ZIP-area centroid from the public record

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The loan

$150,000 — FY2023

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Current
Rate at approval: 10.75% v
Term: 120 mo (10 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/12/2023
First disbursement: 5/4/2023
Days to fund: 22 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported

The lender

Capital Bank, National Association

1 loan to this business

Total assets: $3756.4B
Deposits: $3314.0B
Loans outstanding: $2950.2B
Net income: $10.6B
Return on assets: 1.1604557321598072%
Return on equity: 12.56%
Total equity: $340.1B
Offices: 8
Founded: 12/1
Headquarters: 2275 Research Blvd, Rockville, MD, 20850
FDIC cert: 35278
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 Independent Insurance Partners, LLC.