SBA lending record
REIT 2323 F&B LLC
2323 N Palm Canyon Road, Palm Springs, CA 92262 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2024
On record
8
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is REIT 2323 F&B 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
$5,000,000 — FY2024
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 10.25% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/24/2024
- First disbursement
- 8/30/2024
- Days to fund
- 37 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Millennium Bank
1 loan to this business- Total assets
- $835.4B
- Deposits
- $678.7B
- Loans outstanding
- $666.6B
- Net income
- $1.3B
- Return on assets
- 0.6175966452500088%
- Return on equity
- 6.39%
- Total equity
- $79.9B
- Offices
- 3
- Founded
- 07/0
- Headquarters
- 2077 Miner St, Des Plaines, IL, 60016
- FDIC cert
- 58348
- Website
- www.milbnk.com
Is REIT 2323 F&B 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 REIT 2323 F&B LLC.