SBA lending record
SMARTDESKS
109 Farmers Folly Drive, Mooresville, NC 28117 · Furniture Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$880K
Total SBA financing
1
Loan on record
FY2024
On record
8
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$880,000 — FY2024
- Gross approval
- $880,000
- SBA guaranteed
- $660,000 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/28/2024
- First disbursement
- 6/5/2024
- Days to fund
- 8 days
- Collateral
- Required
- Jobs supported
- 8
- Business type
The lender
Mechanics and Farmers Bank
1 loan to this businessFull SBA lending record + branches on the lender page →Is SMARTDESKS your business?
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with SMARTDESKS.