SBA lending record
Mer-Mar Electronics, Inc.
7042 Santa Fe Ave E, Hesperia, CA 92345 · Printed Circuit Assembly (Electronic Assembly) Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.7M
Total SBA financing
1
Loan on record
FY2021
On record
28
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$1,659,300 — FY2021
- Gross approval
- $1,659,300
- SBA guaranteed
- $1,493,370 (90%)
- Status
- Paid in full
- Rate at approval
- 5% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/12/2021
- First disbursement
- 5/31/2021
- Days to fund
- 19 days
- Paid in full
- 1/31/2026
- Collateral
- Required
The lender
The Bancorp Bank National Association
1 loan to this business- Total assets
- $9899.7B
- Deposits
- $8441.1B
- Loans outstanding
- $7818.9B
- Net income
- $69.1B
- Return on assets
- 2.871009023309259%
- Return on equity
- 31.71%
- Total equity
- $872.7B
- Offices
- 1
- Founded
- 07/2
- Headquarters
- 345 N Reid Pl, Sioux Falls, SD, 57103
- FDIC cert
- 35444
- 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 Mer-Mar Electronics, Inc..