SBA lending record
MERCADO ASSOCIATES
27240 TURNBERRY LN STE 200, Valencia, CA 91355 · Engineering Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$330K
Total SBA financing
2
Loans on record
FY2023–24
On record
7
Jobs supported
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All 2 loans
$185,000 — FY2024
Loan 1 of 2- Gross approval
- $185,000
- SBA guaranteed
- $92,500 (50%)
- Status
- Current
- Rate at approval
- 11.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/19/2024
- First disbursement
- 8/25/2025
- Days to fund
- 371 days
- Collateral
- Required
- Jobs supported
The lender
Bank of America, National Association
2 loans to this business- Total assets
- $2672192.0B
- Deposits
- $2128004.0B
- Loans outstanding
- $1191560.0B
- Net income
- $7417.0B
- Return on assets
- 1.1176461170292418%
- Return on equity
- 12.16%
- Total equity
- $241710.0B
- Offices
- 3,610
- Founded
- 10/1
- Headquarters
- 100 N Tryon St, Charlotte, NC, 28202
- FDIC cert
- 3510
- 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 MERCADO ASSOCIATES.