DJA Holdings, LLC
DJA Holdings, LLC is located in Boyceville, WI, and the SBA lists its industry as Postharvest Crop Activities (except Cotton Ginning). It was approved for an SBA 7(a) loan of $1,800,000 for a change of ownership on July 22, 2024.
SBA 7(a) loan, change of ownership, approved Jul 22, 2024
- Gross approval
- $1,800,000
- SBA-guaranteed amount
- $1,350,000 (75% of the approval)
- Lender
- Citizens Alliance Bank, Clara City, MN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.25%, variable
- Term
- 14 years (168 months)
- Estimated maturity
- July 22, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $19,145 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 115114, Postharvest Crop Activities (except Cotton Ginning)
- Project location
- Dunn County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Postharvest Crop Activities (except Cotton Ginning): $1,800,000.
- Average acquisition loan in Wisconsin: $1,729,230.
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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