SBA lending record
&MERCI
3510 GARFIELD AVE, Commerce, CA 90040 · Clothing and Clothing Accessories Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2024
On record
10
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is &MERCI your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$5,000,000 — FY2024
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/24/2024
- First disbursement
- 6/17/2024
- Days to fund
- 24 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Preferred Bank
1 loan to this business- Total assets
- $7655.1B
- Deposits
- $6432.2B
- Loans outstanding
- $6059.9B
- Net income
- $31.1B
- Return on assets
- 1.6330591708006252%
- Return on equity
- 15.97%
- Total equity
- $770.2B
- Offices
- 16
- Founded
- 12/2
- Headquarters
- 601 S Figueroa St, Los Angeles, CA, 90017
- FDIC cert
- 33539
- Website
- www.preferredbank.com
Is &MERCI your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 &MERCI.