SBA lending record
Ripple Group
118 E Main St, Wallace, NC 28466 · Computer Systems Design Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.9M
Total SBA financing
2
Loans on record
FY2023
On record
4
Jobs supported
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All 2 loans
$100,000 — FY2023
Loan 1 of 2- Gross approval
- $100,000
- SBA guaranteed
- $50,000 (50%)
- Status
- Current
- Rate at approval
- 10.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/3/2023
- First disbursement
- 7/31/2023
- Days to fund
- 28 days
- Collateral
- Required
- Jobs supported
- 2
The lender
First Bank
2 loans to this business- Total assets
- $12937.6B
- Deposits
- $11028.4B
- Loans outstanding
- $8680.3B
- Net income
- $48.3B
- Return on assets
- 1.510177976834223%
- Return on equity
- 11.21%
- Total equity
- $1740.1B
- Offices
- 116
- Founded
- 01/0
- Headquarters
- 205 Se Broad St, Southern Pines, NC, 28387
- FDIC cert
- 15019
- Website
- www.localfirstbank.com
Is Ripple Group 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 Ripple Group.