Lights on Digital
Lights on Digital is located in Honolulu, HI, and the SBA lists its industry as Marketing Consulting Services. It was approved for an SBA 7(a) loan of $1,802,000 for a change of ownership on December 10, 2024.
SBA 7(a) loan, change of ownership, approved Dec 10, 2024
- Gross approval
- $1,802,000
- SBA-guaranteed amount
- $1,351,500 (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
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 10, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $23,565 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 541613, Marketing Consulting Services
- Project location
- Honolulu County, HI
- SBA district office
- Hawaii District Office
- Congressional district
- HI-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in Marketing Consulting Services on this site.
- Average acquisition loan in Marketing Consulting Services: $1,391,558.
- Average acquisition loan in Hawaii: $1,359,741.
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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