Main Street Registry

Molly's Pampered Paws LLC

Arrington, TN · Pet Care (except Veterinary) Services · NAICS 812910

Molly's Pampered Paws LLC is a pet care services business (except veterinary services) located in Arrington, Tennessee. The company was financed with an SBA 7(a) loan for a change of ownership of $1,277,000, approved by First Financial Bank on April 6, 2024.

SBA 7(a) loan, change of ownership, approved Apr 6, 2024

$1,277,000 approvedLender: First Financial Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,277,000
SBA-guaranteed amount
$957,750 (75% of the approval)
Lender
First Financial Bank, El Dorado, AR
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
April 6, 2049 (estimated, approval date plus term)
Estimated monthly payment
$10,936 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
812910, Pet Care (except Veterinary) Services
Project location
Rutherford County, TN
SBA district office
Tennessee District Office
Congressional district
TN-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 62% 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 Tennessee: $1,738,925.

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 Tennessee