SBA lending record
Monterey Adobe Motel
121 S NEW AVE, Monterey Park, CA 91755 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2022
On record
2
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$350,000 — FY2022
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 304 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/25/2022
- First disbursement
- 3/31/2022
- Days to fund
- 34 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
The lender
New Omni Bank, National Association
1 loan to this business- Total assets
- $515.3B
- Deposits
- $371.2B
- Loans outstanding
- $376.0B
- Net income
- $551.0M
- Return on assets
- 0.4257254862571216%
- Return on equity
- 1.62%
- Total equity
- $139.2B
- Offices
- 4
- Founded
- 02/1
- Headquarters
- 10 S 1st St, Alhambra, CA, 91801
- FDIC cert
- 23086
- Website
Is Monterey Adobe Motel 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 Monterey Adobe Motel.