SBA lending record
Simran Collections Inc
550 SOUTH HILL ST, SUITE 1000, Los Angeles, CA 90013 · Jewelry, Watch, Precious Stone, and Precious Metal Merchant . The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.0M
Total SBA financing
1
Loan on record
FY2025
On record
6
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Simran Collections Inc 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
$3,000,000 — FY2025
- Gross approval
- $3,000,000
- SBA guaranteed
- $2,250,000 (75%)
- Status
- Current
- Rate at approval
- 9% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/23/2025
- First disbursement
- 8/27/2025
- Days to fund
- 96 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Wallis Bank
1 loan to this business- Total assets
- $1398.7B
- Deposits
- $1200.6B
- Loans outstanding
- $1093.5B
- Net income
- $5.9B
- Return on assets
- 1.6942727647301197%
- Return on equity
- 17.53%
- Total equity
- $135.3B
- Offices
- 17
- Founded
- 10/2
- Headquarters
- 6510 Railroad St, Wallis, TX, 77485
- FDIC cert
- 20845
- Website
- www.wallisbank.com
Is Simran Collections 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 Simran Collections Inc.