Graff Jewelers, Inc.
Graff Jewelers, Inc. is a business in Colorado Springs, CO, in the jewelry, watch, precious stone, and precious metal merchant wholesalers industry (NAICS 423940). The company was financed with an SBA 7(a) loan for a change of ownership, approved on August 22, 2025, for $5 million from Air Academy Federal Credit Union.
SBA 7(a) loan, change of ownership, approved Aug 22, 2025
$5,000,000 approvedLender: Air Academy Federal Credit Union10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Air Academy Federal Credit Union, Colorado Springs, CO
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- August 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $59,351 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 423940, Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
- Project location
- El Paso County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers: $3,055,017.
- 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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