SBA lending record
Ted's Place
23401 Normandie Ave, Harbor City, CA 90710 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$290K
Total SBA financing
1
Loan on record
FY2023
On record
12
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Ted's Place your business?
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The loan
$290,000 — FY2023
- Gross approval
- $290,000
- SBA guaranteed
- $217,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 9% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 3/10/2023
- First disbursement
- 3/30/2023
- Days to fund
- 20 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Preferred Bank
1 loan to this business- Total assets
- $7655.1B
- Deposits
- $6432.2B
- Loans outstanding
- $6059.9B
- Net income
- $31.1B
- Return on assets
- 1.6330591708006252%
- Return on equity
- 15.97%
- Total equity
- $770.2B
- Offices
- 16
- Founded
- 12/2
- Headquarters
- 601 S Figueroa St, Los Angeles, CA, 90017
- FDIC cert
- 33539
- Website
- www.preferredbank.com
Is Ted's Place your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Ted's Place.