SBA lending record
Ocean Elm Inc
1201 Montana Ave, Suite 204, Santa Monica, CA 90403 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.9M
Total SBA financing
1
Loan on record
FY2021
On record
6
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Ocean Elm Inc your business?
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The loan
$1,900,000 — FY2021
- Gross approval
- $1,900,000
- SBA guaranteed
- $1,425,000 (75%)
- Status
- Paid in full
- Rate at approval
- 6% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/1/2020
- First disbursement
- 12/17/2020
- Days to fund
- 16 days
- Paid in full
- 9/30/2024
- Collateral
- Required
The lender
United Midwest Savings Bank National Association
1 loan to this business- Total assets
- $520.6B
- Deposits
- $429.7B
- Loans outstanding
- $363.1B
- Net income
- $2.8B
- Return on assets
- 2.202309972402985%
- Return on equity
- 16.08%
- Total equity
- $71.7B
- Offices
- 6
- Founded
- 05/0
- Headquarters
- 101 S Main St, Degraff, OH, 43318
- FDIC cert
- 32441
- Website
Is Ocean Elm Inc your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Ocean Elm Inc.