SBA lending record
La Michoacana Plus
614 N Escondido Blvd, Escondido, CA 92025 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$255K
Total SBA financing
2
Loans on record
FY2023
On record
20
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 2 loans
$105,000 — FY2023
Loan 1 of 2- Gross approval
- $105,000
- SBA guaranteed
- $89,250 (85%)
- Status
- Cancelled
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/3/2023
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
The lenders
Newtek Small Business Finance, Inc.
1 loan to this businessNo FDIC profile on file (non-bank 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
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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 Plus.