Direction Talent Agency, Inc.
Direction Talent Agency, Inc. is an agent and manager business for artists, athletes, entertainers, and other public figures in Greensboro, NC. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $3,022,000 approved on May 30, 2025, through First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved May 30, 2025
$3,022,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,022,000
- SBA-guaranteed amount
- $2,266,500 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $39,936 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 711410, Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
- Project location
- Guilford County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures: $2,859,540.
- Average acquisition loan in North Carolina: $1,952,444.
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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