SBA lending record
LOUCHEN, LLC
1817 HOURET CT, Milpitas, CA 95035 · All Other General Merchandise Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$250K
Total SBA financing
1
Loan on record
FY2023
On record
2
Jobs supported
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The loan
$250,000 — FY2023
- Gross approval
- $250,000
- SBA guaranteed
- $125,000 (50%)
- Status
- Current
- Rate at approval
- 10.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/14/2023
- First disbursement
- 4/18/2023
- Days to fund
- 4 days
- Collateral
- None
- Jobs supported
- 2
The lender
Bank of America, National Association
1 loan to this business- Total assets
- $2672192.0B
- Deposits
- $2128004.0B
- Loans outstanding
- $1191560.0B
- Net income
- $7417.0B
- Return on assets
- 1.1176461170292418%
- Return on equity
- 12.16%
- Total equity
- $241710.0B
- Offices
- 3,610
- Founded
- 10/1
- Headquarters
- 100 N Tryon St, Charlotte, NC, 28202
- FDIC cert
- 3510
- Website
Is LOUCHEN, 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 LOUCHEN, LLC.