HB Woodsongs
HB Woodsongs is a musical instrument and supplies retailer located in Boulder, Colorado. The business was financed with an SBA 7(a) loan for a change of ownership of $1,073,100, approved on September 8, 2026, through U.S. Bank, National Association.
SBA 7(a) loan, change of ownership, approved Sep 8, 2026
$1,073,100 approvedLender: U.S. Bank, National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,073,100
- SBA-guaranteed amount
- $804,825 (75% of the approval)
- Lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.92%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,974 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 459140, Musical Instrument and Supplies Retailers
- Project location
- Boulder County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Musical Instrument and Supplies Retailers: $1,886,956.
- 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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