SBA lending record
WESTERN MATERIALS, INC.
25350 Magic Mountain Parkway, Suite 300, Valencia, CA 91355 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2024
On record
10
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$500,000 — FY2024
- Gross approval
- $500,000
- SBA guaranteed
- $375,000 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/9/2024
- First disbursement
- 8/28/2024
- Days to fund
- 19 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Northeast Bank
1 loan to this business- Total assets
- $5034.1B
- Deposits
- $3695.2B
- Loans outstanding
- $4499.4B
- Net income
- $29.9B
- Return on assets
- 2.392689445292466%
- Return on equity
- 21.64%
- Total equity
- $567.7B
- Offices
- 9
- Founded
- 02/0
- Headquarters
- 27 Pearl St, Portland, ME, 04101
- FDIC cert
- 19690
- Website
- www.northeastbank.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 WESTERN MATERIALS, INC..