SBA lending record
Sarah Ahmed Insurance Services, Inc.
12123 Magnolia Blvd, Valley Village, CA 91607 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.4M
Total SBA financing
1
Loan on record
FY2021
On record
10
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$1,414,200 — FY2021
- Gross approval
- $1,414,200
- SBA guaranteed
- $1,272,780 (90%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 5.25% v
- Term
- 70 mo (6 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 1/22/2021
- First disbursement
- 3/31/2021
- Days to fund
- 68 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
MVB Bank, Inc.
1 loan to this business- Total assets
- $3277.2B
- Deposits
- $2902.4B
- Loans outstanding
- $2381.1B
- Net income
- $8.2B
- Return on assets
- 0.9987628557171884%
- Return on equity
- 9.65%
- Total equity
- $325.9B
- Offices
- 7
- Founded
- 01/0
- Headquarters
- 301 Virginia Ave, Fairmont, WV, 26554
- FDIC cert
- 34603
- Website
- www.mvbbanking.com
Is Sarah Ahmed Insurance Services, Inc. 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 Sarah Ahmed Insurance Services, Inc..