Atlas Laboratories, Inc.
Atlas Laboratories, Inc. is located in Portland, OR, and the SBA lists its industry as Testing Laboratories and Services. It was approved for an SBA 7(a) loan of $2,835,000 for a change of ownership on September 3, 2024.
SBA 7(a) loan, change of ownership, approved Sep 3, 2024
- Gross approval
- $2,835,000
- SBA-guaranteed amount
- $2,126,250 (75% of the approval)
- Lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 3, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $38,254 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 24, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 541380, Testing Laboratories and Services
- Project location
- Washington County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 62% of acquisition loans in Testing Laboratories and Services on this site.
- Average acquisition loan in Testing Laboratories and Services: $2,246,192.
- Average acquisition loan in Oregon: $1,946,167.
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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