SBA lending record
West Alabama Shred Processors, LLC
364 White Rd, Gordo, AL 35466 · Recyclable Material Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$171K
Total SBA financing
1
Loan on record
FY2024
On record
8
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is West Alabama Shred Processors, LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$171,000 — FY2024
- Gross approval
- $171,000
- SBA guaranteed
- $128,250 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/26/2024
- First disbursement
- 8/27/2024
- Days to fund
- 62 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
SouthPoint Bank
1 loan to this business- Total assets
- $1444.0B
- Deposits
- $1318.7B
- Loans outstanding
- $1100.3B
- Net income
- $-973.0M
- Return on assets
- -0.25883674430993103%
- Return on equity
- -3.34%
- Total equity
- $115.8B
- Offices
- 11
- Founded
- 10/1
- Headquarters
- 3501 Grandview Pkwy, Birmingham, AL, 35243
- FDIC cert
- 58088
- Website
- http://www.southpoint.bank
Is West Alabama Shred Processors, LLC 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.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
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 West Alabama Shred Processors, LLC.