Koru & Ivy LLC
Koru & Ivy LLC is located in Roseville, CA, and the SBA lists its industry as Advertising Agencies. It was approved for an SBA 7(a) loan of $2,610,000 for a change of ownership on February 27, 2025.
SBA 7(a) loan, change of ownership, approved Feb 27, 2025
- Gross approval
- $2,610,000
- SBA-guaranteed amount
- $1,957,500 (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
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $32,360 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 27
- Business type
- Corporation
- NAICS
- 541810, Advertising Agencies
- Project location
- Placer County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in Advertising Agencies on this site.
- Average acquisition loan in Advertising Agencies: $1,888,400.
- Average acquisition loan in California: $1,688,228.
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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