D.C. Rayne Holdings L.L.C.
D.C. Rayne Holdings L.L.C., located in Phoenix, Arizona, operates in the other services to buildings and dwellings industry. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $564,000 from Evolve Bank and Trust, approved on March 12, 2025.
SBA 7(a) loan, change of ownership, approved Mar 12, 2025
$564,000 approvedLender: Evolve Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $564,000
- SBA-guaranteed amount
- $423,000 (75% of the approval)
- Lender
- Evolve Bank and Trust, West Memphis, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,532 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 561790, Other Services to Buildings and Dwellings
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 9% of acquisition loans in Other Services to Buildings and Dwellings on this site.
- Average acquisition loan in Other Services to Buildings and Dwellings: $1,196,922.
- 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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