SBA lending record
Raco Manufacturing and Engineering Co.
727 ALLSTON WAY, Berkeley, CA 94710 · All Other Miscellaneous Electrical Equipment and Component M. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.6M
Total SBA financing
2
Loans on record
FY2020
On record
22
Jobs supported
Is Raco Manufacturing and Engineering Co. your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 2 loans
$350,000 — FY2020
Loan 1 of 2- Gross approval
- $350,000
- SBA guaranteed
- $175,000 (50%)
- Status
- Current
- Rate at approval
- 4.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/4/2020
- First disbursement
- 10/14/2022
- Collateral
- Required
- Jobs supported
- 11
- Business type
- Corporation
The lender
First Bank
2 loans to this business- Total assets
- $12937.6B
- Deposits
- $11028.4B
- Loans outstanding
- $8680.3B
- Net income
- $48.3B
- Return on assets
- 1.510177976834223%
- Return on equity
- 11.21%
- Total equity
- $1740.1B
- Offices
- 116
- Founded
- 01/0
- Headquarters
- 205 Se Broad St, Southern Pines, NC, 28387
- FDIC cert
- 15019
- Website
- www.localfirstbank.com
Is Raco Manufacturing and Engineering Co. your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
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 Raco Manufacturing and Engineering Co..