SBA lending record

NIKUNJ & ASTHA HOSPITALITY GROUP, INC.

4200 EAST MISSION BOULEVARD, Montclair, CA 91763 · 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.

$785K

Total SBA financing

Loan on record

FY2021

On record

Jobs supported

● business · ● lender — business location is the ZIP-area centroid from the public record

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The loan

$785,000 — FY2021

Gross approval: $785,000
SBA guaranteed: $706,500 (90%)
Status: Current
Rate at approval: 4.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/15/2021
First disbursement: 4/30/2021
Days to fund: 15 days
Collateral: Required
Sold on secondary market: Yes

The lender

American Continental Bank

1 loan to this business

Total assets: $379.1B
Deposits: $311.3B
Loans outstanding: $288.7B
Net income: $1.5B
Return on assets: 1.5539642065314563%
Return on equity: 9.74%
Total equity: $61.2B
Offices: 7
Founded: 10/0
Headquarters: 17700 Castleton St, City Of Industry, CA, 91748
FDIC cert: 57444
Website

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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 NIKUNJ & ASTHA HOSPITALITY GROUP, INC..