SBA lending record
Save A Lot
933 McKnight Cir, Rockford, IL 61107 · Supermarkets and Other Grocery Retailers (except Convenience. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$342K
Total SBA financing
1
Loan on record
FY2023
On record
8
Jobs supported
Franchise brand
Save-A-Lot Food Stores- License & Supply Agreement
See Save-A-Lot Food Stores- License & Supply Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$342,000 — FY2023
- Gross approval
- $342,000
- SBA guaranteed
- $256,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11% v
- Term
- 96 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/3/2023
- First disbursement
- 6/27/2023
- Days to fund
- 85 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Newtek Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Is Save A Lot your business?
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