SBA lending record
PRECISION METAL INC
15114 MANSEL AVE, Lawndale, CA 90260 · All Other Miscellaneous General Purpose Machinery Manufactur. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$15K
Total SBA financing
1
Loan on record
FY2023
On record
—
Jobs supported
Is PRECISION METAL INC your business?
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The loan
$15,000 — FY2023
- Gross approval
- $15,000
- SBA guaranteed
- $7,500 (50%)
- Status
- Committed
- Rate at approval
- 12.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/12/2023
- Collateral
- None
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- All Other Miscellaneous General Purpose Machinery Manufactur
The lender
Wells Fargo Bank National Association
1 loan to this business- Total assets
- $1852239.0B
- Deposits
- $1516982.0B
- Loans outstanding
- $971566.0B
- Net income
- $5961.0B
- Return on assets
- 1.297656664123309%
- Return on equity
- 13.75%
- Total equity
- $173016.0B
- Offices
- 4,176
- Founded
- 01/0
- Headquarters
- 3201 N 4th Ave, Sioux Falls, SD, 57104
- FDIC cert
- 3511
- 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 PRECISION METAL INC.