Fort Collins Dog, LP
Fort Collins Dog, LP is a pet care business in Fort Collins, Colorado, in the pet care (except veterinary) services industry. It was financed with an SBA 7(a) loan for a change of ownership of $1.548 million, approved on January 26, 2024, through Byline Bank, and the loan is associated with the Dogtopia franchise.
SBA 7(a) loan, change of ownership, approved Jan 26, 2024
$1,548,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,548,000
- SBA-guaranteed amount
- $1,161,000 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $21,543 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 32
- Business type
- LLC or partnership
- NAICS
- 812910, Pet Care (except Veterinary) Services
- Franchise
- Dogtopia
- Project location
- Larimer County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% of acquisition loans in Pet Care (except Veterinary) Services on this site.
- Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
- 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.
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