SBA lending record
Rare Development LLC
15 CR-1545, Cullman, AL 35058 · Lessors of Miniwarehouses and Self-Storage Units. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.1M
Total SBA financing
1
Loan on record
FY2024
On record
2
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Rare Development LLC your business?
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The loan
$1,050,000 — FY2024
- Gross approval
- $1,050,000
- SBA guaranteed
- $787,500 (75%)
- Status
- Committed
- Rate at approval
- 9.5% v
- Term
- 312 mo (26 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/29/2024
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
The lender
Live Oak Banking Company
1 loan to this business- Total assets
- $15229.8B
- Deposits
- $13966.7B
- Loans outstanding
- $12400.2B
- Net income
- $33.6B
- Return on assets
- 0.8886792544404991%
- Return on equity
- 11.66%
- Total equity
- $1171.3B
- Offices
- 1
- Founded
- 05/1
- Headquarters
- 1757 Tiburon Dr, Wilmington, NC, 28403
- FDIC cert
- 58665
- Website
Is Rare Development LLC 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.
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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 Rare Development LLC.