Main Street Registry

Koru & Ivy LLC

Roseville, CA · Advertising Agencies · NAICS 541810

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)

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California