SBA lending record
MEDICARE DROP LLC
499 SALMAR AVE #E, Campbell, CA 95008 · Medical, Dental, and Hospital Equipment and Supplies Merchan. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.3M
Total SBA financing
2
Loans on record
FY2022–24
On record
2
Jobs supported
Is MEDICARE DROP LLC your business?
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All 2 loans
$2,310,500 — FY2024
Loan 1 of 2- Gross approval
- $2,310,500
- SBA guaranteed
- $1,732,875 (75%)
- Status
- Current
- Rate at approval
- 7.01% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/21/2023
- First disbursement
- 10/30/2023
- Days to fund
- 9 days
- Collateral
- Required
- Jobs supported
- 2
The lender
Wells Fargo Bank National Association
2 loans 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 MEDICARE DROP LLC.