SBA lending record

RIDS Brother Company Inc.

619 Kearny St 1, El Cerrito, CA 94530 · School and Employee Bus Transportation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$301K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$300,500 — FY2020

Gross approval: $300,500
SBA guaranteed: $225,375 (75%)
Status: Current
Rate at approval: 5.75% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/17/2020
First disbursement: 8/31/2020
Days to fund: 14 days
Collateral: Required
Sold on secondary market: Yes

The lender

Readycap Lending, LLC

1 loan to this business

Full lending record on the lender page.

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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 RIDS Brother Company Inc..