SBA lending record
RM ELECTRIC
101 KRAEMER BLVD S #100, Placentia, CA 92870 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$25K
Total SBA financing
1
Loan on record
FY2021
On record
3
Jobs supported
Is RM ELECTRIC 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
$25,000 — FY2021
- Gross approval
- $25,000
- SBA guaranteed
- $18,750 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 8.75% v
- Term
- 41 mo (3 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/18/2021
- First disbursement
- 8/31/2021
- Days to fund
- 13 days
- Charged off
- 4/14/2025
- Charge-off amount
- $24,640
The lender
U.S. Bank, National Association
1 loan to this business- Total assets
- $683380.0B
- Deposits
- $539835.6B
- Loans outstanding
- $395078.4B
- Net income
- $1991.8B
- Return on assets
- 1.172078205539057%
- Return on equity
- 11.72%
- Total equity
- $67968.3B
- Offices
- 2,100
- Founded
- 07/1
- Headquarters
- 425 Walnut St, Cincinnati, OH, 45202
- FDIC cert
- 6548
- Website
Is RM ELECTRIC 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 RM ELECTRIC.