SBA lending record
MAGEE EXCAVATION & DEVELOPMENT, L.L.C.
78263 Hwy.25, Folsom, LA 70437 · Site Preparation Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.2M
Total SBA financing
1
Loan on record
FY2020
On record
64
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$3,217,000 — FY2020
- Gross approval
- $3,217,000
- SBA guaranteed
- $2,412,750 (75%)
- Status
- In liquidation
- Rate at approval
- 5.25% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/23/2020
- First disbursement
- 9/30/2020
- Days to fund
- 7 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with MAGEE EXCAVATION & DEVELOPMENT, L.L.C..