Chandler Aviation Services, Inc.
Chandler Aviation Services, Inc. is a business in Chandler, Arizona, classified under the industry Other Aircraft Parts and Auxiliary Equipment Manufacturing (NAICS 336413). It was financed with an SBA 7(a) loan for a change of ownership of $2.3 million, approved on January 21, 2024, through Western Alliance Bank.
SBA 7(a) loan, change of ownership, approved Jan 21, 2024
$2,330,400 approvedLender: Western Alliance Bank282 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,330,400
- SBA-guaranteed amount
- $1,747,800 (75% of the approval)
- Lender
- Western Alliance Bank, Phoenix, AZ
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.13%, variable
- Term
- 23 years, 6 months (282 months)
- Estimated maturity
- July 21, 2047 (estimated, approval date plus term)
- Estimated monthly payment
- $17,055 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 336413, Other Aircraft Parts and Auxiliary Equipment Manufacturing
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Aircraft Parts and Auxiliary Equipment Manufacturing: $2,844,800.
- Average acquisition loan in Arizona: $1,690,811.
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 Arizona
- American Turbo Systems, Inc., Tucson