Altius Retail Holdings LLC
Altius Retail Holdings LLC is a private mail center located in Roswell, Georgia, operating as a franchise of The UPS Store. The business was financed with an SBA 7(a) loan for a change of ownership totaling $694,400, approved on February 21, 2024, by First Port City Bank.
SBA 7(a) loan, change of ownership, approved Feb 21, 2024
$694,400 approvedLender: First Port City Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $694,400
- SBA-guaranteed amount
- $520,800 (75% of the approval)
- Lender
- First Port City Bank, Bainbridge, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 21, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,370 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 561431, Private Mail Centers
- Franchise
- The UPS Store
- Project location
- Fulton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 35% of acquisition loans in Private Mail Centers on this site.
- Average acquisition loan in Private Mail Centers: $940,205.
- Average acquisition loan in Georgia: $2,017,638.
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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