Northcountry Stoves AK, LLC
Northcountry Stoves AK, LLC is a business in Wasilla, Alaska, in the All Other Consumer Goods Rental industry (NAICS 532289). The company was financed with an SBA 7(a) loan for a change of ownership of $1.744 million, approved on June 30, 2025 by First National Bank Alaska.
SBA 7(a) loan, change of ownership, approved Jun 30, 2025
$1,744,000 approvedLender: First National Bank Alaska10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,744,000
- SBA-guaranteed amount
- $1,308,000 (75% of the approval)
- Lender
- First National Bank Alaska, Anchorage, AK
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.75%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- June 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $21,857 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 532289, All Other Consumer Goods Rental
- Project location
- Matanuska Susitna County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 65% of acquisition loans in All Other Consumer Goods Rental on this site.
- Average acquisition loan in All Other Consumer Goods Rental: $1,481,047.
- Average acquisition loan in Alaska: $1,671,114.
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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