SBA lending record
LOREENG, INC
9070 Irvine Center Drive, Irvine, CA 92618 · Portfolio Management and Investment Advice. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2024
On record
5
Jobs supported
Is LOREENG, INC your business?
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The loan
$500,000 — FY2024
- Gross approval
- $500,000
- SBA guaranteed
- $375,000 (75%)
- Status
- Current
- Rate at approval
- 7.25% f
- Term
- 60 mo (5 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/12/2024
- First disbursement
- 3/14/2024
- Days to fund
- 2 days
- Collateral
- Required
- Jobs supported
- 5
- Business type
The lender
Farmers & Merchants Bank of Long Beach
1 loan to this business- Total assets
- $11856.6B
- Deposits
- $8938.2B
- Loans outstanding
- $6243.7B
- Net income
- $21.9B
- Return on assets
- 0.740080033287029%
- Return on equity
- 5.45%
- Total equity
- $1608.2B
- Offices
- 27
- Founded
- 11/2
- Headquarters
- 302 Pine Ave, Long Beach, CA, 90802
- FDIC cert
- 1225
- Website
Is LOREENG, 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 LOREENG, INC.