SBA lending record
LACA Inc.
1511 - 1521 S Western Ave, Los Angeles, CA 90006 · Cosmetology and Barber Schools. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.3M
Total SBA financing
1
Loan on record
FY2021
On record
28
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is LACA Inc. 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
$3,260,000 — FY2021
- Gross approval
- $3,260,000
- SBA guaranteed
- $2,445,000 (75%)
- Status
- Paid in full
- Rate at approval
- 4.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/10/2021
- First disbursement
- 9/30/2021
- Days to fund
- 51 days
- Paid in full
- 7/31/2025
- Collateral
- Required
The lender
Open Bank
1 loan to this business- Total assets
- $2699.4B
- Deposits
- $2328.1B
- Loans outstanding
- $2215.4B
- Net income
- $7.7B
- Return on assets
- 1.1568753301232797%
- Return on equity
- 12.14%
- Total equity
- $257.7B
- Offices
- 17
- Founded
- 06/1
- Headquarters
- 1000 Wilshire Blvd, Los Angeles, CA, 90017
- FDIC cert
- 57944
- Website
- www.myopenbank.com
Is LACA 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 LACA Inc..