SBA lending record
Newway Mart Inc
3651 Slauson Ave, Maywood, CA 90270 · Beer, Wine, and Liquor Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$245K
Total SBA financing
1
Loan on record
FY2022
On record
2
Jobs supported
Is Newway Mart Inc your business?
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The loan
$245,000 — FY2022
- Gross approval
- $245,000
- SBA guaranteed
- $183,750 (75%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/29/2021
- First disbursement
- 2/4/2022
- Days to fund
- 37 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
The lender
Cathay Bank
1 loan to this business- Total assets
- $24035.1B
- Deposits
- $20698.0B
- Loans outstanding
- $19965.9B
- Net income
- $92.2B
- Return on assets
- 1.528167901157805%
- Return on equity
- 12.12%
- Total equity
- $3072.1B
- Offices
- 65
- Founded
- 04/1
- Headquarters
- 777 N Broadway, Los Angeles, CA, 90012
- FDIC cert
- 18503
- Website
- www.cathaybank.com
Is Newway Mart 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 Newway Mart Inc.