SBA lending record
Offspring Properties, LLC
609 and 611 W. WATKINS RD, Phoenix, AZ 85003 · All Other Miscellaneous Waste Management Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$289K
Total SBA financing
1
Loan on record
FY2020
On record
—
Jobs supported
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The loan
$289,000 — FY2020
- Gross approval
- $289,000
- SBA guaranteed
- $216,750 (75%)
- Status
- Current
- Rate at approval
- 5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/19/2020
- First disbursement
- 3/31/2020
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Alerus Financial, National Association
1 loan to this business- Total assets
- $5277.5B
- Deposits
- $4393.3B
- Loans outstanding
- $4006.6B
- Net income
- $23.8B
- Return on assets
- 1.8140484072925738%
- Return on equity
- 16.77%
- Total equity
- $573.2B
- Offices
- 27
- Founded
- 09/3
- Headquarters
- 401 Demers Ave, Grand Forks, ND, 58201
- FDIC cert
- 3931
- 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 Offspring Properties, LLC.