CARB Holdings LLC
CARB Holdings LLC, located in Sioux Falls, South Dakota, is classified under the industry All Other Personal Services (NAICS 812990). The business was financed with an SBA 7(a) loan for a change of ownership totaling $656,100, approved on April 8, 2024, by First Interstate Bank.
SBA 7(a) loan, change of ownership, approved Apr 8, 2024
$656,100 approvedLender: First Interstate Bank10 years termPaid in fullLoan details
- Gross approval
- $656,100
- SBA-guaranteed amount
- $492,075 (75% of the approval)
- Lender
- First Interstate Bank, Billings, MT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 8, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,960 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 12, 2024
- Loan status
- Paid in full
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 812990, All Other Personal Services
- Project location
- Lincoln County, SD
- SBA district office
- South Dakota District Office
- Congressional district
- SD-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 13% of acquisition loans in All Other Personal Services on this site.
- Average acquisition loan in All Other Personal Services: $1,504,156.
- Average acquisition loan in South Dakota: $1,631,547.
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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