Main Street Registry

Mgb Pishah Forest LLC

Pisgah Forest, NC · Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130

Mgb Pishah Forest LLC is located in Pisgah Forest, NC, and the SBA lists its industry as Lessors of Miniwarehouses and Self-Storage Units. It was approved for an SBA 7(a) loan of $1,427,000 for a change of ownership on November 20, 2025.

SBA 7(a) loan, change of ownership, approved Nov 20, 2025

Gross approval
$1,427,000
SBA-guaranteed amount
$1,070,250 (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
7.5%, variable
Term
25 years (300 months)
Estimated maturity
November 20, 2050 (estimated, approval date plus term)
Estimated monthly payment
$10,545 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
531130, Lessors of Miniwarehouses and Self-Storage Units
Project location
Transylvania County, NC
SBA district office
North Carolina District Office
Congressional district
NC-11
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in North Carolina