SBA lending record
Spracht, Inc.
974 COMMERCIAL ST, Palo Alto, CA 94303 · Other Electronic Parts and Equipment Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$520K
Total SBA financing
1
Loan on record
FY2021
On record
18
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Spracht, Inc. your business?
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The loan
$520,000 — FY2021
- Gross approval
- $520,000
- SBA guaranteed
- $468,000 (90%)
- Status
- Current
- 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
- 6/1/2021
- First disbursement
- 6/30/2021
- Days to fund
- 29 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Newtek Small Business Finance, Inc.
1 loan to this businessNo FDIC profile on file (non-bank lender).
Is Spracht, 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 Spracht, Inc..