SBA lending record
R.E.M. Manufacturing LLC
2061 Magnolia Dr., Pasadena, TX 77503 · 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.
$350K
Total SBA financing
1
Loan on record
FY2021
On record
8
Jobs supported
Is R.E.M. Manufacturing LLC your business?
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The loan
$350,000 — FY2021
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 6% v
- Term
- 98 mo (8 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/23/2020
- First disbursement
- 12/31/2020
- Days to fund
- 8 days
- Charged off
- 12/7/2022
- Charge-off amount
- $261,034
- Collateral
The lender
b1BANK
1 loan to this business- Total assets
- $8903.4B
- Deposits
- $7470.9B
- Loans outstanding
- $6621.1B
- Net income
- $26.4B
- Return on assets
- 1.2339693616169796%
- Return on equity
- 10.46%
- Total equity
- $1049.1B
- Offices
- 63
- Founded
- 02/0
- Headquarters
- 500 Laurel St, Baton Rouge, LA, 70801
- FDIC cert
- 58228
- Website
- www.b1bank.com
Is R.E.M. Manufacturing LLC your business?
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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 R.E.M. Manufacturing LLC.