Hold The Door Holdings LLC
Hold The Door Holdings LLC is a business in Anchorage, Alaska, in the industry of services for the elderly and persons with disabilities (NAICS 624120). The company was financed with an SBA 7(a) loan for a change of ownership of $1,132,000, approved on July 11, 2024, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jul 11, 2024
$1,132,000 approvedLender: Live Oak Banking Company7 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,132,000
- SBA-guaranteed amount
- $328,280 (29% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 7 years (84 months)
- Estimated maturity
- July 11, 2031 (estimated, approval date plus term)
- Estimated monthly payment
- $18,939 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 57
- Business type
- Corporation
- NAICS
- 624120, Services for the Elderly and Persons with Disabilities
- Project location
- Anchorage County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 41% of acquisition loans in Services for the Elderly and Persons with Disabilities on this site.
- Average acquisition loan in Services for the Elderly and Persons with Disabilities: $1,718,785.
- Average acquisition loan in Alaska: $1,671,114.
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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