SBA lending record
SUMIT ENTERPRISES INC
1837 N 23RD AVE, Phoenix, AZ 85009 · All Other Support Activities for Transportation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.4M
Total SBA financing
1
Loan on record
FY2023
On record
30
Jobs supported
Franchise brand
Craters & Freighters
See Craters & Freighters's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
Is SUMIT ENTERPRISES INC your business?
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The loan
$2,380,000 — FY2023
- Gross approval
- $2,380,000
- SBA guaranteed
- $1,785,000 (75%)
- Status
- Current
- Rate at approval
- 8.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 12/16/2022
- First disbursement
- 1/9/2023
- Days to fund
- 24 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Live Oak Banking Company
1 loan to this business- Total assets
- $15229.8B
- Deposits
- $13966.7B
- Loans outstanding
- $12400.2B
- Net income
- $33.6B
- Return on assets
- 0.8886792544404991%
- Return on equity
- 11.66%
- Total equity
- $1171.3B
- Offices
- 1
- Founded
- 05/1
- Headquarters
- 1757 Tiburon Dr, Wilmington, NC, 28403
- FDIC cert
- 58665
- Website
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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 SUMIT ENTERPRISES INC.