DA Yogurt LLC
DA Yogurt LLC is located in Philadelphia, PA, and the SBA lists its industry as Snack and Nonalcoholic Beverage Bars. It was approved for an SBA 7(a) loan of $510,400 for a change of ownership on December 15, 2023.
SBA 7(a) loan, change of ownership, approved Dec 15, 2023
- Gross approval
- $510,400
- SBA-guaranteed amount
- $382,800 (75% of the approval)
- Lender
- Citizens Bank, Elizabethton, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 15, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $7,103 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 24, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 722515, Snack and Nonalcoholic Beverage Bars
- Franchise
- Menchie's
- Project location
- Philadelphia County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 6% of acquisition loans in Snack and Nonalcoholic Beverage Bars on this site.
- Average acquisition loan in Snack and Nonalcoholic Beverage Bars: $1,080,276.
- Average acquisition loan in Pennsylvania: $1,636,965.
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 Pennsylvania
- Joebrian, Inc., Chambersburg
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- Keystone Bagel Food Company, Levittown