Mountain Madness, Inc.
Mountain Madness, Inc. is located in Seattle, WA, and the SBA lists its industry as All Other Professional, Scientific, and Technical Services. It was approved for an SBA 7(a) loan of $690,000 for a change of ownership on June 30, 2025.
SBA 7(a) loan, change of ownership, approved Jun 30, 2025
- Gross approval
- $690,000
- SBA-guaranteed amount
- $517,500 (75% of the approval)
- Lender
- Grow America Fund, Incorporated, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,214 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 22% 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 Washington: $1,784,595.
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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