Nooga Shuttles LLC
Nooga Shuttles LLC is located in Chattanooga, TN, and the SBA lists its industry as All Other Transit and Ground Passenger Transportation. It was approved for an SBA 7(a) loan of $1,079,500 for a change of ownership on September 23, 2026.
SBA 7(a) loan, change of ownership, approved Sep 23, 2026
- Gross approval
- $1,079,500
- SBA-guaranteed amount
- $809,625 (75% of the approval)
- Lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,821 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 63
- Business type
- Corporation
- NAICS
- 485999, All Other Transit and Ground Passenger Transportation
- Project location
- Hamilton County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 50% of acquisition loans in All Other Transit and Ground Passenger Transportation on this site.
- Average acquisition loan in All Other Transit and Ground Passenger Transportation: $1,339,850.
- 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.
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