SBA lending record

TEMPTRESS CONCEPT STORE, INC.

730 S ALLIED WAY, El Segundo, CA 90245 · Cosmetics, Beauty Supplies, and Perfume Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$150K

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

● business · ● lender — business location is the ZIP-area centroid from the public record

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The loan

$150,000 — FY2023

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: In workout — SBA bought the guarantee
Rate at approval: 11% v
Term: 98 mo (8 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/4/2023
First disbursement: 5/26/2023
Days to fund: 22 days
Collateral: Required
Sold on secondary market: Yes

The lender

Newtek Bank, National Association

1 loan to this business

Total assets: $2162.1B
Deposits: $1936.2B
Loans outstanding: $1642.2B
Net income: $20.2B
Return on assets: 4.152200415970278%
Return on equity: 46.2%
Total equity: $182.5B
Offices: 1
Founded: 04/0
Headquarters: 1111 Brickell Ave, Miami, FL, 33131
FDIC cert: 18734
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 TEMPTRESS CONCEPT STORE, INC..