SBA lending record
MINUTES CARWASH
3560 E. CESAR E CHAVEZ AVE, Los Angeles, CA 90063 · Car Washes. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$600K
Total SBA financing
1
Loan on record
FY2024
On record
2
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$600,000 — FY2024
- Gross approval
- $600,000
- SBA guaranteed
- $450,000 (75%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 6/1/2024
- First disbursement
- 6/14/2024
- Days to fund
- 13 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Open Bank
1 loan to this business- Total assets
- $2699.4B
- Deposits
- $2328.1B
- Loans outstanding
- $2215.4B
- Net income
- $7.7B
- Return on assets
- 1.1568753301232797%
- Return on equity
- 12.14%
- Total equity
- $257.7B
- Offices
- 17
- Founded
- 06/1
- Headquarters
- 1000 Wilshire Blvd, Los Angeles, CA, 90017
- FDIC cert
- 57944
- Website
- www.myopenbank.com
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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 MINUTES CARWASH.