SBA lending record
Magnusen Racing LLC
2600 N STATE ST, Ukiah, CA 95482 · Motorcycle, ATV, and All Other Motor Vehicle Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.7M
Total SBA financing
1
Loan on record
FY2021
On record
30
Jobs supported
Franchise brand
Harley Davidson - Motor Cycle Dealer Contract
See Harley Davidson - Motor Cycle Dealer Contract's SBA financing data — typical deal, failure rate, and how its loans perform →
Is Magnusen Racing LLC your business?
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The loan
$2,700,000 — FY2021
- Gross approval
- $2,700,000
- SBA guaranteed
- $2,430,000 (90%)
- Status
- Current
- Rate at approval
- 4.4% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/19/2021
- First disbursement
- 5/26/2021
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 30
- Business type
The lender
Wells Fargo Bank National Association
1 loan to this business- Total assets
- $1852239.0B
- Deposits
- $1516982.0B
- Loans outstanding
- $971566.0B
- Net income
- $5961.0B
- Return on assets
- 1.297656664123309%
- Return on equity
- 13.75%
- Total equity
- $173016.0B
- Offices
- 4,176
- Founded
- 01/0
- Headquarters
- 3201 N 4th Ave, Sioux Falls, SD, 57104
- FDIC cert
- 3511
- Website
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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 Magnusen Racing LLC.