SBA lending record
Modesto Group Inc
3459 MCHENRY AVE, Modesto, CA 95350 · Gasoline Stations with Convenience Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.3M
Total SBA financing
1
Loan on record
FY2020
On record
4
Jobs supported
Franchise brand
Sommers Oil (Shell) Branded Petroleum Supply Contract
See Sommers Oil (Shell) Branded Petroleum Supply Contract's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Modesto 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
$1,275,000 — FY2020
- Gross approval
- $1,275,000
- SBA guaranteed
- $956,250 (75%)
- Status
- Current
- Rate at approval
- 5.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/15/2020
- First disbursement
- 5/31/2020
- Days to fund
- 46 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Summit State Bank
1 loan to this business- Total assets
- $995.9B
- Deposits
- $879.3B
- Loans outstanding
- $776.1B
- Net income
- $1.7B
- Return on assets
- 0.6694299647889437%
- Return on equity
- 6.57%
- Total equity
- $102.7B
- Offices
- 5
- Founded
- 01/0
- Headquarters
- 500 Bicentennial Way, Santa Rosa, CA, 95403
- FDIC cert
- 32203
Is Modesto 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 Modesto Group Inc.