Magical Teams LLC
Magical Teams LLC is located in Falls Church, VA, and the SBA lists its industry as All Other Professional, Scientific, and Technical Services. It was approved for an SBA 7(a) loan of $1,067,400 for a change of ownership on June 1, 2026.
SBA 7(a) loan, change of ownership, approved Jun 1, 2026
- Gross approval
- $1,067,400
- SBA-guaranteed amount
- $800,550 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 1, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,377 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Fairfax County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 40% of acquisition loans in All Other Professional, Scientific, and Technical Services on this site.
- Average acquisition loan in All Other Professional, Scientific, and Technical Services: $1,682,572.
- 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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