Gw White Mountain LLC
Gw White Mountain LLC is located in Show Low, AZ, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 7(a) loan of $720,000 for a change of ownership on November 18, 2024.
SBA 7(a) loan, change of ownership, approved Nov 18, 2024
- Gross approval
- $720,000
- SBA-guaranteed amount
- $540,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.4%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 18, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,277 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 10, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Navajo County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in Arizona: $1,690,811.
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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Same industry in Arizona
- Ted's Jumbo Red Hots, Inc., Tempe
- Del Norte Maricopa LLC, Maricopa
- Egg Heaven, LLC, Tucson
- Wendy's, San Tan Valley
- Before and After Java Cafe, Sedona
- Farmer Boys Mesa, Mesa
- Burros & Fries Glendale, Inc., Gilbert
- GW Watson Marketplace LLC, Buckeye