SBA lending record
MDR Motorsports
875 Cochran Street Unit 13, Simi Valley, CA 93065 · Other Miscellaneous Durable Goods Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.0M
Total SBA financing
1
Loan on record
FY2021
On record
2
Jobs supported
Is MDR Motorsports your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$1,000,000 — FY2021
- Gross approval
- $1,000,000
- SBA guaranteed
- $900,000 (90%)
- Status
- Current
- Rate at approval
- 4.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/23/2021
- First disbursement
- 6/30/2021
- Days to fund
- 7 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
First Bank
1 loan to this business- Total assets
- $12937.6B
- Deposits
- $11028.4B
- Loans outstanding
- $8680.3B
- Net income
- $48.3B
- Return on assets
- 1.510177976834223%
- Return on equity
- 11.21%
- Total equity
- $1740.1B
- Offices
- 116
- Founded
- 01/0
- Headquarters
- 205 Se Broad St, Southern Pines, NC, 28387
- FDIC cert
- 15019
- Website
- www.localfirstbank.com
Is MDR Motorsports your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 MDR Motorsports.