SBA lending record

Old Southern Feed and Hardware, LLC

5334 Birmingham Rd, Sylvan Springs, AL 35118 · Hardware Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$528K

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

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

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The loan

$528,000 — FY2022

Gross approval: $528,000
SBA guaranteed: $396,000 (75%)
Status: Current
Rate at approval: 7.5% v
Term: 168 mo (14 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 7/11/2022
First disbursement: 7/25/2022
Days to fund: 14 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported

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

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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 Old Southern Feed and Hardware, LLC.