SBA lending record
LAPID FOODS INC.
525 N HOWARD AVE, Covina, CA 91723 · Other Commercial Equipment Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2022
On record
32
Jobs supported
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The loan
$350,000 — FY2022
- Gross approval
- $350,000
- SBA guaranteed
- $175,000 (50%)
- Status
- Current
- Rate at approval
- 7.25% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/8/2022
- First disbursement
- 8/12/2022
- Days to fund
- 4 days
- Collateral
- Required
- Jobs supported
- 32
The lender
Fifth Third Bank
1 loan to this business- Total assets
- $296118.0B
- Deposits
- $240416.0B
- Loans outstanding
- $174693.0B
- Net income
- $395.0B
- Return on assets
- 0.6197925656274026%
- Return on equity
- 5.09%
- Total equity
- $37413.0B
- Offices
- 1,508
- Founded
- 01/0
- Headquarters
- 38 Fountain Square Plz, Cincinnati, OH, 45202
- FDIC cert
- 6672
- 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 LAPID FOODS INC..