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Lucky Bamboo Tattoo Studio LLC

Layton, UT · Other Personal Care Services · NAICS 812199

Lucky Bamboo Tattoo Studio LLC is an other personal care services business in Layton, UT, classified under NAICS 812199. The company was financed with an SBA 7(a) loan for a change of ownership of $915,000, approved by The Fidelity Bank on December 12, 2024.

SBA 7(a) loan, change of ownership, approved Dec 12, 2024

$915,000 approvedLender: The Fidelity Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$915,000
SBA-guaranteed amount
$686,250 (75% of the approval)
Lender
The Fidelity Bank, Fuquay Varina, 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 12, 2034 (estimated, approval date plus term)
Estimated monthly payment
$11,965 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
812199, Other Personal Care Services
Project location
Davis County, UT
SBA district office
Utah District Office
Congressional district
UT-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 41% of acquisition loans in Other Personal Care Services on this site.
  • Average acquisition loan in Other Personal Care Services: $1,410,088.
  • Average acquisition loan in Utah: $1,761,092.

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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Same industry in Utah