Black Dragon 2 LLC
Black Dragon 2 LLC is located in Louisville, KY, and the SBA lists its industry as Used Household and Office Goods Moving. It was approved for an SBA 7(a) loan of $2,183,000 for a change of ownership on May 13, 2024.
SBA 7(a) loan, change of ownership, approved May 13, 2024
- Gross approval
- $2,183,000
- SBA-guaranteed amount
- $1,637,250 (75% of the approval)
- Lender
- Stock Yards Bank & Trust Company, Louisville, KY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.71%, fixed
- Term
- 9 years (108 months)
- Estimated maturity
- May 13, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $28,093 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 29, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 46
- Business type
- Corporation
- NAICS
- 484210, Used Household and Office Goods Moving
- Franchise
- Two Men and a Truck
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 69% of acquisition loans in Used Household and Office Goods Moving on this site.
- Average acquisition loan in Used Household and Office Goods Moving: $1,726,088.
- Average acquisition loan in Kentucky: $1,988,993.
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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