Let Wg Fly LLC
Let Wg Fly LLC, located in Willow Grove, PA, operates in the amusement arcades industry (NAICS 713120) and is listed as a franchise of Urban Air Adventure Park. The company was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved on March 10, 2025 by Wilmington Savings Fund Society FSB.
SBA 7(a) loan, change of ownership, approved Mar 10, 2025
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Wilmington Savings Fund Society FSB, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 10, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $59,351 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 60
- Business type
- Corporation
- NAICS
- 713120, Amusement Arcades
- Franchise
- Urban Air Adventure Park
- Project location
- Montgomery County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Amusement Arcades: $1,934,714.
- Average acquisition loan in Pennsylvania: $1,636,965.
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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