Luxe Home Decor, LLC
Luxe Home Decor, LLC is a furniture retailer located in Leawood, Kansas, classified under NAICS code 449110 (Furniture Retailers). The company was financed with an SBA 7(a) loan for a change of ownership, approved on August 19, 2025, in the amount of $2 million from Busey Bank.
SBA 7(a) loan, change of ownership, approved Aug 19, 2025
$2,000,000 approvedLender: Busey Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,000,000
- SBA-guaranteed amount
- $1,500,000 (75% of the approval)
- Lender
- Busey Bank, Champaign, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $25,065 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Johnson County, KS
- SBA district office
- Kansas City District Office
- Congressional district
- KS-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 64% of acquisition loans in Furniture Retailers on this site.
- Average acquisition loan in Furniture Retailers: $1,875,127.
- Average acquisition loan in Kansas: $1,491,022.
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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