SBA lending record

Sam's Electro Incorporated

4300 Industrial Place, Unit 11, Fremont, CA 94538 · 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.

$2.5M

Total SBA financing

Loan on record

FY2022

On record

Jobs supported

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

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The loan

$2,545,500 — FY2022

Gross approval: $2,545,500
SBA guaranteed: $1,909,125 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/26/2022
First disbursement: 8/2/2022
Days to fund: 7 days
Collateral: Required
Sold on secondary market: Yes

The lender

Celtic Bank Corporation

1 loan to this business

Total assets: $4965.3B
Deposits: $3560.0B
Loans outstanding: $4068.3B
Net income: $40.1B
Return on assets: 3.2905298677485337%
Return on equity: 18.48%
Total equity: $886.6B
Offices: 1
Founded: 03/0
Headquarters: 268 S State St, Salt Lake City, UT, 84111
FDIC cert: 57056
Website

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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 Sam's Electro Incorporated.