Heptig Management Group LLC
Heptig Management Group LLC is a business in Dothan, Alabama, in the Other Personal Care Services industry (NAICS 812199) and operates as a franchise under the name Waxing the City. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,075,000, approved by Live Oak Banking Company on February 17, 2026.
SBA 7(a) loan, change of ownership, approved Feb 17, 2026
$1,075,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,075,000
- SBA-guaranteed amount
- $806,250 (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
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,764 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 6, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Franchise
- Waxing the City
- Project location
- Houston County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Other Personal Care Services on this site.
- Average acquisition loan in Other Personal Care Services: $1,410,088.
- Average acquisition loan in Alabama: $1,764,717.
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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