Aqua Oasis Solutions Inc.
Aqua Oasis Solutions Inc. is located in Trussville, AL, and the SBA lists its industry as Other Business Service Centers (including Copy Shops). It was approved for an SBA 7(a) loan of $1,000,000 for a change of ownership on February 20, 2025.
SBA 7(a) loan, change of ownership, approved Feb 20, 2025
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,215 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 561439, Other Business Service Centers (including Copy Shops)
- Franchise
- The UPS Store
- Project location
- Jefferson County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Other Business Service Centers (including Copy Shops) on this site.
- Average acquisition loan in Other Business Service Centers (including Copy Shops): $980,191.
- Average acquisition loan in Alabama: $1,764,717.
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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