SBA lending record
MERIT CONSTRUCTION GROUP INC
1801 L ST, Sacramento, CA 95811 · Residential Remodelers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$20K
Total SBA financing
1
Loan on record
FY2020
On record
—
Jobs supported
Is MERIT CONSTRUCTION GROUP INC 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
$20,000 — FY2020
- Gross approval
- $20,000
- SBA guaranteed
- $10,000 (50%)
- Status
- Charged off (failed)
- Rate at approval
- 11.5% v
- Term
- 37 mo (3 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/10/2019
- First disbursement
- 10/31/2019
- Days to fund
- 21 days
- Charged off
- 10/10/2023
- Charge-off amount
- $18,978
The lender
U.S. Bank, National Association
1 loan to this business- Total assets
- $683380.0B
- Deposits
- $539835.6B
- Loans outstanding
- $395078.4B
- Net income
- $1991.8B
- Return on assets
- 1.172078205539057%
- Return on equity
- 11.72%
- Total equity
- $67968.3B
- Offices
- 2,100
- Founded
- 07/1
- Headquarters
- 425 Walnut St, Cincinnati, OH, 45202
- FDIC cert
- 6548
- Website
Is MERIT CONSTRUCTION GROUP INC 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 MERIT CONSTRUCTION GROUP INC.