SBA lending record
PHILLIPS BACKHOE, INC.
80 COUNTY ROAD 429, Killen, AL 35645 · Site Preparation Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$50K
Total SBA financing
1
Loan on record
FY2025
On record
9
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$50,000 — FY2025
- Gross approval
- $50,000
- SBA guaranteed
- $42,500 (85%)
- Status
- Current
- Rate at approval
- 12% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/9/2025
- First disbursement
- 4/23/2025
- Days to fund
- 14 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Stearns Bank National Association
1 loan to this business- Total assets
- $3296.5B
- Deposits
- $2518.5B
- Loans outstanding
- $2764.0B
- Net income
- $17.4B
- Return on assets
- 2.099832082106579%
- Return on equity
- 12.81%
- Total equity
- $529.6B
- Offices
- 7
- Founded
- 05/2
- Headquarters
- 4191 2nd St S, Saint Cloud, MN, 56301
- FDIC cert
- 10988
- 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 PHILLIPS BACKHOE, INC..