Aztac LLC
Aztac LLC is located in Harrisburg, PA, and the SBA lists its industry as Document Preparation Services. It was approved for an SBA 7(a) loan of $1,095,600 for a change of ownership on January 19, 2024.
SBA 7(a) loan, change of ownership, approved Jan 19, 2024
- Gross approval
- $1,095,600
- SBA-guaranteed amount
- $821,700 (75% of the approval)
- Lender
- 22nd State Bank, A Division of 22nd State Banking Company, Mobile, AL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 19, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $15,247 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 561410, Document Preparation Services
- Project location
- Dauphin County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Document Preparation Services: $822,800.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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