SBA lending record
Rapid Distributors, Inc.
10500 E Hurst Blvd, Hurst, TX 76053 · Other Building Material Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.6M
Total SBA financing
1
Loan on record
FY2021
On record
13
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Rapid Distributors, Inc. your business?
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The loan
$1,620,000 — FY2021
- Gross approval
- $1,620,000
- SBA guaranteed
- $1,215,000 (75%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 216 mo (18 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/8/2020
- First disbursement
- 1/8/2021
- Days to fund
- 31 days
- Collateral
- Required
- Jobs supported
- 13
- Business type
The lender
Colonial Savings FA
1 loan to this business- Total assets
- $527.9B
- Deposits
- $272.8B
- Loans outstanding
- $107.3B
- Net income
- $-4.2B
- Return on assets
- -2.8238689065237557%
- Return on equity
- -7%
- Total equity
- $240.5B
- Offices
- 7
- Founded
- 01/0
- Headquarters
- 2626c West Fwy, Fort Worth, TX, 76102
- FDIC cert
- 31361
- Website
- www.gocolonial.com
Is Rapid Distributors, Inc. 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 Rapid Distributors, Inc..