Maggies Dog House, LLC
Maggies Dog House, LLC is a pet care services business in Fredericksburg, Virginia, classified under NAICS 812910 (Pet Care, except Veterinary, Services). It was financed with an SBA 7(a) loan for a change of ownership of $1,020,000, approved on July 1, 2025 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Jul 1, 2025
$1,020,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,020,000
- SBA-guaranteed amount
- $765,000 (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%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 1, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,921 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 26, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 812910, Pet Care (except Veterinary) Services
- Franchise
- Dogtopia
- Project location
- Spotsylvania County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 53% of acquisition loans in Pet Care (except Veterinary) Services on this site.
- Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
- Average acquisition loan in Virginia: $1,860,760.
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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