Sheldon T Banks Llc

2340 Carpenter Rd, Flint, MI 48505 · Funeral Homes and Funeral Services (NAICS 812210)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.7M

Jobs Supported

34

Years Active

2018–2019

Loan History (2)

Source: SBA FOIA
7(a)$1,666,000
Exempt
Approved
Dec 4, 2018 (FY2019)
SBA Guaranteed
$1,249,500 (75%)
Term
312 months (26.0 yrs)
Interest Rate
8.00%
Revolver
0
Jobs Supported
17
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Funeral Homes and Funeral Services (NAICS 812210)

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Genesee County, MI

7(a)$1,030,000
Cancelled
Approved
Jul 20, 2018 (FY2018)
SBA Guaranteed
$772,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
7.75%
Revolver
0
Jobs Supported
17
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Funeral Homes and Funeral Services (NAICS 812210)

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Genesee County, MI

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
812210 Funeral Homes and Funeral Services
Address
2340 Carpenter Rd
Flint, MI 48505

Lender

Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042

Other SBA Borrowers in Flint

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