SBA lending record
MECHANICAL DESIGN LABS, INC.
285 W CALIFORNIA BLVD, Pasadena, CA 91105 · Consumer Electronics and Appliances Rental. 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
FY2022
On record
1
Jobs supported
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The loan
$250,000 — FY2022
- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- Current
- Rate at approval
- 7.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/1/2022
- First disbursement
- 8/2/2022
- Days to fund
- 1 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
The Huntington National Bank
1 loan to this business- Total assets
- $284135.4B
- Deposits
- $227513.2B
- Loans outstanding
- $186527.1B
- Net income
- $629.8B
- Return on assets
- 0.9915176003032359%
- Return on equity
- 8.77%
- Total equity
- $33143.7B
- Offices
- 1,472
- Founded
- 01/0
- Headquarters
- 17 S High St, Columbus, OH, 43215
- FDIC cert
- 6560
- 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 MECHANICAL DESIGN LABS, INC..