Celebrations Done Reich LLC
Celebrations Done Reich LLC, located in Colorado Springs, Colorado, operates in the industry of promoting performing arts, sports, and similar events with facilities. The company was financed with an SBA 7(a) loan for a change of ownership of $2.2 million, approved on April 23, 2026, through Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Apr 23, 2026
$2,182,000 approvedLender: Celtic Bank Corporation299 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,182,000
- SBA-guaranteed amount
- $1,636,500 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 24 years, 11 months (299 months)
- Estimated maturity
- March 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $17,956 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 711310, Promoters of Performing Arts, Sports, and Similar Events with Facilities
- Project location
- El Paso County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Promoters of Performing Arts, Sports, and Similar Events with Facilities on this site.
- Average acquisition loan in Promoters of Performing Arts, Sports, and Similar Events with Facilities: $2,207,255.
- Average acquisition loan in Colorado: $1,608,658.
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.
Is this your company? Claim or correct this listing. See Corrections.