L&R Impact LLC
L&R Impact LLC is a fitness and recreational sports center located in Burley, Idaho. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $2.295 million from Live Oak Banking Company, approved on September 25, 2026.
SBA 7(a) loan, change of ownership, approved Sep 25, 2026
$2,295,000 approvedLender: Live Oak Banking Company25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,295,000
- SBA-guaranteed amount
- $1,721,250 (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
- 7.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 25, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $16,960 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Business type
- Corporation
- NAICS
- 713940, Fitness and Recreational Sports Centers
- Project location
- Cassia County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Fitness and Recreational Sports Centers on this site.
- Average acquisition loan in Fitness and Recreational Sports Centers: $1,274,850.
- Average acquisition loan in Idaho: $1,527,113.
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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