SBA lending record
Team R2M, Inc.
10082 MAGNOLIA AVE, Riverside, CA 92503 · Snack and Nonalcoholic Beverage Bars. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$735K
Total SBA financing
1
Loan on record
FY2023
On record
12
Jobs supported
Franchise brand
It's Boba Time
See It's Boba Time's SBA financing data — typical deal, failure rate, and how its loans perform →
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The loan
$735,000 — FY2023
- Gross approval
- $735,000
- SBA guaranteed
- $551,250 (75%)
- Status
- Current
- Rate at approval
- 9.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 4/21/2023
- First disbursement
- 5/5/2023
- Days to fund
- 14 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
Bank of Hope
1 loan to this business- Total assets
- $18652.4B
- Deposits
- $15771.7B
- Loans outstanding
- $14582.0B
- Net income
- $32.4B
- Return on assets
- 0.6977529705524986%
- Return on equity
- 5.51%
- Total equity
- $2340.1B
- Offices
- 79
- Founded
- 03/1
- Headquarters
- 3200 Wilshire Blvd, Los Angeles, CA, 90010
- FDIC cert
- 26610
- Website
- www.bankofhope.com
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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 Team R2M, Inc..