SBA lending record
Prins Real Estate, LLC
16540 450th Ave, Watertown, SD 57201 · Employment Placement Agencies. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$198K
Total SBA financing
1
Loan on record
FY2023
On record
2
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$198,400 — FY2023
- Gross approval
- $198,400
- SBA guaranteed
- $148,800 (75%)
- Status
- Current
- Rate at approval
- 9.5% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/21/2023
- First disbursement
- 8/23/2023
- Days to fund
- 2 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
The lender
Scale Bank
1 loan to this business- Total assets
- $569.6B
- Deposits
- $404.3B
- Loans outstanding
- $447.8B
- Net income
- $2.7B
- Return on assets
- 1.8717501887271675%
- Return on equity
- 9.32%
- Total equity
- $114.6B
- Offices
- 1
- Founded
- 10/0
- Headquarters
- 7600 Parklawn Ave, Edina, MN, 55435
- FDIC cert
- 20268
- Website
- scale.bank
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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 Prins Real Estate, LLC.