The Aaron M. Priest Literary Agency, Inc.
The Aaron M. Priest Literary Agency, Inc. is a New York, NY business in the agents and managers for artists, athletes, entertainers, and other public figures industry (NAICS 711410). It was financed with an SBA 7(a) loan for a change of ownership of $2.98 million, approved by Coastal States Bank on December 19, 2025.
SBA 7(a) loan, change of ownership, approved Dec 19, 2025
$2,980,000 approvedLender: Coastal States Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,980,000
- SBA-guaranteed amount
- $2,235,000 (75% of the approval)
- Lender
- Coastal States Bank, Hilton Head Island, SC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $37,749 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 711410, Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
- Project location
- New York County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures: $2,859,540.
- Average acquisition loan in New York: $1,771,512.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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