SBA lending record
Litecoast LLC
1530 Mulberry St, Montgomery, AL 36106 · Tobacco, Electronic Cigarette, and Other Smoking Supplies Re. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$375K
Total SBA financing
1
Loan on record
FY2023
On record
8
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Litecoast LLC your business?
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The loan
$375,000 — FY2023
- Gross approval
- $375,000
- SBA guaranteed
- $281,250 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 217 mo (18 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/27/2023
- First disbursement
- 9/27/2023
- Days to fund
- 0 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
SouthPoint Bank
1 loan to this business- Total assets
- $1444.0B
- Deposits
- $1318.7B
- Loans outstanding
- $1100.3B
- Net income
- $-973.0M
- Return on assets
- -0.25883674430993103%
- Return on equity
- -3.34%
- Total equity
- $115.8B
- Offices
- 11
- Founded
- 10/1
- Headquarters
- 3501 Grandview Pkwy, Birmingham, AL, 35243
- FDIC cert
- 58088
- Website
- http://www.southpoint.bank
Is Litecoast LLC 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 Litecoast LLC.