SBA lending record
Ray Adea's LLC
90 LAFAYETTE ST, Salem, MA · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$150K
Total SBA financing
1
Loan on record
FY2023
On record
4
Jobs supported
● business · ● lender
Is Ray Adea's LLC 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.
The loan
$150,000 — FY2023
- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Current
- Rate at approval
- 7.5% f
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/17/2023
- First disbursement
- 2/18/2023
- Days to fund
- 32 days
- Collateral
- None
- Jobs supported
- 4
- Business type
The lender
TruNorth Bank
1 loan to this business- Total assets
- $3270.6B
- Deposits
- $2652.1B
- Loans outstanding
- $2429.0B
- Net income
- $10.3B
- Return on assets
- 1.266462077550662%
- Return on equity
- 8.56%
- Total equity
- $485.4B
- Offices
- 30
- Founded
- 01/0
- Headquarters
- 248 Andover St, Peabody, MA, 01960
- FDIC cert
- 26484
- Website
- www.trunorthbank.com
Is Ray Adea's 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 Ray Adea's LLC.