Ahleen Az, Inc.
Ahleen Az, Inc. is an appliance repair and maintenance business located in Tempe, Arizona, and operates as a Mr. Appliance franchise. The company was financed with an SBA 7(a) loan for a change of ownership totaling $744,000, approved through Byline Bank on September 30, 2024, and reported 7 jobs.
SBA 7(a) loan, change of ownership, approved Sep 30, 2024
- Gross approval
- $744,000
- SBA-guaranteed amount
- $558,000 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,354 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 8, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 811412, Appliance Repair and Maintenance
- Franchise
- Mr. Appliance
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in Appliance Repair and Maintenance on this site.
- Average acquisition loan in Appliance Repair and Maintenance: $1,164,473.
- Average acquisition loan in Arizona: $1,690,811.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Arizona
- DeNovo Partners LLC, Chandler