SBA lending record

SIMPLICIT INC

35 Parker Avenue, San Francisco, CA 94118 · Administrative Management and General Management Consulting . The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$700K

Total SBA financing

Loans on record

FY2021

On record

Jobs supported

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All 2 loans

$350,000 — FY2021

Loan 1 of 2

Gross approval: $350,000
SBA guaranteed: $315,000 (90%)
Status: Cancelled
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/21/2021
Collateral: Required
Jobs supported: 5
Business type: Corporation
Business age: Existing or more than 2 years old

The lenders

BayFirst National Bank

1 loan to this business

Total assets: $1194.7B
Deposits: $1086.3B
Loans outstanding: $909.8B
Net income: $-5.5B
Return on assets: -1.750869941447868%
Return on equity: -24.07%
Total equity: $87.9B
Offices: 12
Founded: 02/1
Headquarters: 700 Central Ave, Saint Petersburg, FL, 33701
FDIC cert: 34997
Website

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SIMPLICIT INC

All 2 loans

$350,000 — FY2021

The lenders

BayFirst National Bank

$350,000 — FY2021

The Huntington National Bank