KASA Companies LLC
KASA Companies LLC is a florist located in Tucson, Arizona, classified under NAICS code 459310. The business was financed with an SBA 7(a) loan for a change of ownership totaling $522,000, approved on February 2, 2024 by United Midwest Savings Bank National Association, and the loan reports 8 jobs.
SBA 7(a) loan, change of ownership, approved Feb 2, 2024
$522,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $522,000
- SBA-guaranteed amount
- $391,500 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 2, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,265 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 7, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 459310, Florists
- Project location
- Pima County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 12% of acquisition loans in Florists on this site.
- Average acquisition loan in Florists: $901,731.
- Average acquisition loan in Arizona: $1,690,811.
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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