SBA lending record
MGS BROTHERS INC
840 W ROSECRANS AVE, Compton, CA 90222 · Beer, Wine, and Liquor Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
1
Loan on record
FY2024
On record
4
Jobs supported
Is MGS BROTHERS 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
$1,222,800 — FY2024
- Gross approval
- $1,222,800
- SBA guaranteed
- $917,100 (75%)
- Status
- Current
- Rate at approval
- 6.95% f
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/16/2024
- First disbursement
- 10/1/2024
- Days to fund
- 15 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
The lender
Wells Fargo Bank National Association
1 loan to this business- Total assets
- $1852239.0B
- Deposits
- $1516982.0B
- Loans outstanding
- $971566.0B
- Net income
- $5961.0B
- Return on assets
- 1.297656664123309%
- Return on equity
- 13.75%
- Total equity
- $173016.0B
- Offices
- 4,176
- Founded
- 01/0
- Headquarters
- 3201 N 4th Ave, Sioux Falls, SD, 57104
- FDIC cert
- 3511
- Website
Is MGS BROTHERS INC 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.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
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 MGS BROTHERS INC.