SBA lending record

Palm Desert One Eleven Property LLC

72191 Highway 111, Palm Desert, CA 92260 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.2M

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

$1,232,000 — FY2021

Gross approval: $1,232,000
SBA guaranteed: $1,108,800 (90%)
Status: Current
Rate at approval: 4.25% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/3/2021
First disbursement: 6/15/2021
Days to fund: 12 days
Collateral: Required
Sold on secondary market: Yes

The lender

PCB Bank

1 loan to this business

Total assets: $3395.1B
Deposits: $2898.7B
Loans outstanding: $2843.2B
Net income: $10.8B
Return on assets: 1.2996093981711996%
Return on equity: 11.37%
Total equity: $384.9B
Offices: 19
Founded: 09/1
Headquarters: 3701 Wilshire Blvd, Los Angeles, CA, 90010
FDIC cert: 57463
Website: https://www.mypcbbank.com

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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 Palm Desert One Eleven Property LLC.