Alaska Sea Kayak Adventures LLC
Alaska Sea Kayak Adventures LLC is a business in Valdez, Alaska, in the all other amusement and recreation industries category (NAICS 713990). It was financed with an SBA 7(a) loan for a change of ownership of $776,700, approved on July 24, 2024 by Mountain Pacific Bank.
SBA 7(a) loan, change of ownership, approved Jul 24, 2024
$776,700 approvedLender: Mountain Pacific Bank15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $776,700
- SBA-guaranteed amount
- $582,525 (75% of the approval)
- Lender
- Mountain Pacific Bank, Everett, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 15 years (180 months)
- Estimated maturity
- July 24, 2039 (estimated, approval date plus term)
- Estimated monthly payment
- $8,586 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Chugach County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 23% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- Average acquisition loan in Alaska: $1,671,114.
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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