SBA lending record
Lou's Burgers and Lou's Drive-In #2
6229 WATT AVE, North Highlands, CA 95660 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$522K
Total SBA financing
1
Loan on record
FY2024
On record
11
Jobs supported
Is Lou's Burgers and Lou's Drive-In #2 your business?
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The loan
$522,000 — FY2024
- Gross approval
- $522,000
- SBA guaranteed
- $391,500 (75%)
- Status
- Current
- Rate at approval
- 9.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/25/2024
- First disbursement
- 2/29/2024
- Days to fund
- 35 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Enterprise Bank & Trust
1 loan to this business- Total assets
- $17196.3B
- Deposits
- $14656.8B
- Loans outstanding
- $11551.1B
- Net income
- $51.7B
- Return on assets
- 1.199312847983284%
- Return on equity
- 10.29%
- Total equity
- $2010.2B
- Offices
- 58
- Founded
- 05/0
- Headquarters
- 150 N Meramec Ave, Clayton, MO, 63105
- FDIC cert
- 27237
- Website
Is Lou's Burgers and Lou's Drive-In #2 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 Lou's Burgers and Lou's Drive-In #2.