SBA lending record

J & J Natural State LLC

901 Highway 367 N & 815 Highway 367 N, Newport, AR 72112 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.8M

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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

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The loan

$1,785,000 — FY2023

Gross approval: $1,785,000
SBA guaranteed: $1,338,750 (75%)
Status: Current
Rate at approval: 9.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/5/2023
First disbursement: 6/26/2023
Days to fund: 52 days
Collateral: Required
Sold on secondary market: Yes

The lender

Readycap Lending, LLC

1 loan to this business

Full lending record on the lender page.

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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 J & J Natural State LLC.