KBL Holdings WY
KBL Holdings WY, located in Rawlins, Wyoming, operates in the RV (Recreational Vehicle) Parks and Campgrounds industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1.33 million, approved on July 22, 2024 by Live Oak Banking Company, and the loan reported 2 jobs.
SBA 7(a) loan, change of ownership, approved Jul 22, 2024
$1,330,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,330,000
- SBA-guaranteed amount
- $997,500 (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
- 25 years (300 months)
- Estimated maturity
- July 22, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $11,390 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 721211, RV (Recreational Vehicle) Parks and Campgrounds
- Project location
- Carbon County, WY
- SBA district office
- Wyoming District Office
- Congressional district
- WY-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in RV (Recreational Vehicle) Parks and Campgrounds on this site.
- Average acquisition loan in RV (Recreational Vehicle) Parks and Campgrounds: $1,687,172.
- Average acquisition loan in Wyoming: $1,759,358.
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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