Job Billiards Club
Job Billiards Club is a business in Madison, TN, in the All Other Amusement and Recreation Industries category (NAICS 713990). It was financed with an SBA 7(a) loan for a change of ownership of $841,000, approved by Midwest Regional Bank with a date of July 17, 2026.
SBA 7(a) loan, change of ownership, approved Jul 17, 2026
$841,000 approvedLender: Midwest Regional Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $841,000
- SBA-guaranteed amount
- $630,750 (75% of the approval)
- Lender
- Midwest Regional Bank, Festus, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,882 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Davidson County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 29% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- Average acquisition loan in Tennessee: $1,738,925.
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 Tennessee
- Time to Escape - Georgia, LLC, Chattanooga
- Red River Valley, Adams