SBA lending record
LA MICHOACANA & FRUITS INC
25296 MADISON AVE STE 102, Murrieta, CA 92562 · Ice Cream and Frozen Dessert Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$25K
Total SBA financing
1
Loan on record
FY2024
On record
4
Jobs supported
Is LA MICHOACANA & FRUITS INC your business?
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The loan
$25,000 — FY2024
- Gross approval
- $25,000
- SBA guaranteed
- $12,500 (50%)
- Status
- Current
- Rate at approval
- 14.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/9/2024
- First disbursement
- 9/27/2024
- Days to fund
- 49 days
- Collateral
- None
- Jobs supported
- 4
- Business type
The lender
Wells Fargo Bank National Association
1 loan to this business- Total assets
- $1852239.0B
- Deposits
- $1516982.0B
- Loans outstanding
- $971566.0B
- Net income
- $5961.0B
- Return on assets
- 1.297656664123309%
- Return on equity
- 13.75%
- Total equity
- $173016.0B
- Offices
- 4,176
- Founded
- 01/0
- Headquarters
- 3201 N 4th Ave, Sioux Falls, SD, 57104
- FDIC cert
- 3511
- Website
Is LA MICHOACANA & FRUITS INC your business?
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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 LA MICHOACANA & FRUITS INC.