Axolotl LLC
Axolotl LLC is a sign manufacturing business located in Albuquerque, New Mexico, operating under the NAICS industry code 339950. The company was financed with an SBA 7(a) loan for a change of ownership totaling $665,000, approved on August 25, 2025, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Aug 25, 2025
$665,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $665,000
- SBA-guaranteed amount
- $498,750 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,514 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 339950, Sign Manufacturing
- Franchise
- FASTSIGNS
- Project location
- Bernalillo County, NM
- SBA district office
- New Mexico District Office
- Congressional district
- NM-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Sign Manufacturing on this site.
- Average acquisition loan in Sign Manufacturing: $1,489,948.
- Average acquisition loan in New Mexico: $1,985,089.
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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Same industry in New Mexico
- Zeon Signs, Albuquerque