Armed American Supply
Armed American Supply is located in Paradise Valley, AZ, and the SBA lists its industry as Commercial Screen Printing. It was approved for an SBA 7(a) loan of $3,120,000 for a change of ownership on September 16, 2024.
SBA 7(a) loan, change of ownership, approved Sep 16, 2024
- Gross approval
- $3,120,000
- SBA-guaranteed amount
- $2,340,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 9 years, 2 months (110 months)
- Estimated maturity
- November 16, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $45,146 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 323113, Commercial Screen Printing
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 84% of acquisition loans in Commercial Screen Printing on this site.
- Average acquisition loan in Commercial Screen Printing: $1,602,852.
- 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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