SBA lending record
NORCO PRECISION, INC
8889 Zachary Ln N, Maple Grove, MN 55369 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$671K
Total SBA financing
1
Loan on record
FY2024
On record
6
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is NORCO PRECISION, INC your business?
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The loan
$670,500 — FY2024
- Gross approval
- $670,500
- SBA guaranteed
- $502,875 (75%)
- Status
- Cancelled
- Rate at approval
- 7.9% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/9/2023
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
The lender
Choice Financial Group
1 loan to this business- Total assets
- $6133.3B
- Deposits
- $5019.4B
- Loans outstanding
- $3061.9B
- Net income
- $19.5B
- Return on assets
- 1.2881939299718281%
- Return on equity
- 11.26%
- Total equity
- $700.0B
- Offices
- 18
- Founded
- 01/0
- Headquarters
- 4501 23rd Ave S, Fargo, ND, 58104
- FDIC cert
- 9423
- 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 NORCO PRECISION, INC.