SBA lending record
Merengue Bakery & Cafe
417 S MYRTLE AVE, Monrovia, CA 91016 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$960K
Total SBA financing
1
Loan on record
FY2021
On record
10
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$960,000 — FY2021
- Gross approval
- $960,000
- SBA guaranteed
- $864,000 (90%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/14/2021
- First disbursement
- 5/11/2021
- Days to fund
- 27 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Mission Valley Bank
1 loan to this business- Total assets
- $772.6B
- Deposits
- $632.1B
- Loans outstanding
- $617.6B
- Net income
- $1.0B
- Return on assets
- 0.5461923513489345%
- Return on equity
- 5.15%
- Total equity
- $81.8B
- Offices
- 4
- Founded
- 07/1
- Headquarters
- 8823 Sunland Blvd, Sun Valley, CA, 91352
- FDIC cert
- 57101
- Website
- www.missionvalleybank.com
Is Merengue Bakery & Cafe your business?
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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 Merengue Bakery & Cafe.