Dewey Capital Enterprises LLC
Dewey Capital Enterprises LLC, located in Highlands Ranch, Colorado, operates in the other chemical and allied products merchant wholesalers industry. The company was financed with an SBA 7(a) loan for a change of ownership of $893,000, approved on May 21, 2025 by Alerus Financial, National Association.
SBA 7(a) loan, change of ownership, approved May 21, 2025
$893,000 approvedLender: Alerus Financial, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $893,000
- SBA-guaranteed amount
- $669,750 (75% of the approval)
- Lender
- Alerus Financial, National Association, Grand Forks, ND
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 21, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,555 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 424690, Other Chemical and Allied Products Merchant Wholesalers
- Project location
- Douglas County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 23% of acquisition loans in Other Chemical and Allied Products Merchant Wholesalers on this site.
- Average acquisition loan in Other Chemical and Allied Products Merchant Wholesalers: $1,814,154.
- 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.