SBA lending record
POSITIVELY ELECTRIC
42235 ALICANTE ST, Lancaster, CA 93536 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$35K
Total SBA financing
1
Loan on record
FY2020
On record
2
Jobs supported
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The loan
$35,000 — FY2020
- Gross approval
- $35,000
- SBA guaranteed
- $17,500 (50%)
- Status
- Charged off (failed)
- Rate at approval
- 6.99% f
- Term
- 32 mo (3 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/6/2020
- First disbursement
- 3/31/2020
- Days to fund
- 25 days
- Charged off
- 7/29/2022
- Charge-off amount
- $28,584
The lender
U.S. Bank, National Association
1 loan to this business- Total assets
- $683380.0B
- Deposits
- $539835.6B
- Loans outstanding
- $395078.4B
- Net income
- $1991.8B
- Return on assets
- 1.172078205539057%
- Return on equity
- 11.72%
- Total equity
- $67968.3B
- Offices
- 2,100
- Founded
- 07/1
- Headquarters
- 425 Walnut St, Cincinnati, OH, 45202
- FDIC cert
- 6548
- 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 POSITIVELY ELECTRIC.