SBA lending record
LLOVE; L. LOVE
920 CROCKER ST, Los Angeles, CA 90021 · Women's, Children's, and Infants' Clothing and Accessories M. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2020
On record
26
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$5,000,000 — FY2020
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 6.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/5/2019
- First disbursement
- 11/30/2019
- Days to fund
- 25 days
- Collateral
- Required
- Sold on secondary market
- Yes
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
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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 LLOVE; L. LOVE.