SBA lending record
MEGAN RACING, INC.
19433 San Jose Ave., Rowland Heights, CA 91748 · Motor Vehicle Supplies and New Parts Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$900K
Total SBA financing
2
Loans on record
FY2023–24
On record
40
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 2 loans
$400,000 — FY2024
Loan 1 of 2- Gross approval
- $400,000
- SBA guaranteed
- $300,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/6/2023
- First disbursement
- 12/12/2023
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 22
The lender
First General Bank
2 loans to this business- Total assets
- $1141.2B
- Deposits
- $811.9B
- Loans outstanding
- $917.1B
- Net income
- $6.4B
- Return on assets
- 2.2593797861934504%
- Return on equity
- 8.64%
- Total equity
- $301.1B
- Offices
- 5
- Founded
- 10/1
- Headquarters
- 19036 Colima Rd, Rowland Heights, CA, 91748
- FDIC cert
- 58060
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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 MEGAN RACING, INC..