SBA lending record

MDLS-MOTORSPORTS LLC

530 E. 11th St Suite 3, Douglas, AZ 85607 · Automotive Parts and Accessories Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$30K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$30,000 — FY2024

Gross approval: $30,000
SBA guaranteed: $25,500 (85%)
Status: In workout — SBA bought the guarantee
Rate at approval: 15% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/9/2024
First disbursement: 9/27/2024
Days to fund: 18 days
Collateral: None
Sold on secondary market: Yes

The lender

Readycap Lending, LLC

1 loan to this business

Full lending record on the lender page.

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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 MDLS-MOTORSPORTS LLC.