Barrett Appliance Distributors Inc.
1760 Swan Lake Rd, Bossier City, LA 71111 · Electrical and Electronic Appliance, Television, and Radio Set Merchan (NAICS 423620)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$4.7M
Jobs Supported
31
Years Active
2002–2018
Loan History (3)
Source: SBA FOIA7(a)$1,010,000
Charged Off
- Approved
- May 14, 2018 (FY2018)
- SBA Guaranteed
- $757,500 (75%)
- Term
- 99 months (8.3 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Electrical and Electronic Appliance, Television, and Radio Set Merchan (NAICS 423620)
- Charge-off Date
- Jul 30, 2025
- Charge-off Amount
- $1,874,923
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Bossier County, LA
7(a)$2,447,000
Charged Off
- Approved
- May 23, 2018 (FY2018)
- SBA Guaranteed
- $1,835,250 (75%)
- Term
- 283 months (23.6 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Electrical and Electronic Appliance, Television, and Radio Set Merchan (NAICS 423620)
- Charge-off Date
- Mar 14, 2025
- Charge-off Amount
- $357,990
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Bossier County, LA
7(a)$1,212,200
Paid in Full
- Approved
- Jan 28, 2002 (FY2002)
- SBA Guaranteed
- $909,150 (75%)
- Term
- 240 months (20.0 yrs)
- Revolver
- 0
- Jobs Supported
- 31
- Business Type
- Corporation
- Industry
- Home Furnishing Wholesalers (NAICS 421220)
- Paid in Full
- May 31, 2005
Lender
Business Loan Center, Llc
Five Independence Pointe, Greenville, SC 29615
Project Location
Jefferson County, LA
Business Details
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 423620 — Electrical and Electronic Appliance, Television, and Radio Set Merchan
- Address
- 1760 Swan Lake Rd
Bossier City, LA 71111
Lenders
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042
- Business Loan Center, Llc
- Five Independence Pointe, Greenville, SC 29615