SBA lending record

Rio Stone Flooring LLC

17041 A US HIGHWAY 98, Foley, AL 36535 · Tile and Terrazzo Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$500K

Total SBA financing

Loan on record

FY2023

On record

—

Jobs supported

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

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The loan

$500,100 — FY2023

Gross approval: $500,100
SBA guaranteed: $375,075 (75%)
Status: Current
Rate at approval: 9% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/2/2022
First disbursement: 12/19/2022
Days to fund: 17 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 Rio Stone Flooring LLC.