All Star Enterprises, LLC
All Star Enterprises, LLC is located in Pinetop, AZ, and the SBA lists its industry as Convenience Retailers. It was approved for an SBA 7(a) loan of $1,126,600 for a change of ownership on November 21, 2023.
SBA 7(a) loan, change of ownership, approved Nov 21, 2023
- Gross approval
- $1,126,600
- SBA-guaranteed amount
- $844,950 (75% of the approval)
- Lender
- American Momentum Bank, College Station, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 21, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $15,519 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 5, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Navajo County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- 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.
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