Ifa Holdings, LLC
Ifa Holdings, LLC is a business in Woodinville, WA, in the industry of piece goods, notions, and other dry goods merchant wholesaling. It was financed with an SBA 7(a) loan for a change of ownership of $2.4 million, approved on March 13, 2026 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Mar 13, 2026
$2,414,100 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,414,100
- SBA-guaranteed amount
- $1,810,575 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.84%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 13, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $29,086 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 424310, Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers: $2,282,229.
- Average acquisition loan in Washington: $1,784,595.
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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