Alpha Juliett Media, LLC
Alpha Juliett Media, LLC is located in Pierre, SD, and the SBA lists its industry as Web Search Portals and All Other Information Services. It was approved for an SBA 7(a) loan of $830,000 for a change of ownership on December 31, 2024.
SBA 7(a) loan, change of ownership, approved Dec 31, 2024
- Gross approval
- $830,000
- SBA-guaranteed amount
- $622,500 (75% of the approval)
- Lender
- Heritage Bank Inc, Burlington, KY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 8 years, 11 months (107 months)
- Estimated maturity
- November 30, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $12,092 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 519290, Web Search Portals and All Other Information Services
- Project location
- Hughes County, SD
- SBA district office
- South Dakota District Office
- Congressional district
- SD-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 25% of acquisition loans in Web Search Portals and All Other Information Services on this site.
- Average acquisition loan in Web Search Portals and All Other Information Services: $1,216,958.
- Average acquisition loan in South Dakota: $1,631,547.
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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