Bullsader LLC
Bullsader LLC is located in Indianapolis, IN, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $922,500 for a change of ownership on April 5, 2024.
SBA 7(a) loan, change of ownership, approved Apr 5, 2024
- Gross approval
- $922,500
- SBA-guaranteed amount
- $691,875 (75% of the approval)
- Lender
- Centier Bank, Whiting, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 5, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $7,742 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 9, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 44% of acquisition loans in Beer, Wine, and Liquor Retailers on this site.
- Average acquisition loan in Beer, Wine, and Liquor Retailers: $1,337,023.
- Average acquisition loan in Indiana: $1,995,900.
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 Indiana
- Royals Liquors 1 Inc, Gary
- A & G Liquor, Terre Haute