Northwest Barriers LLC
Northwest Barriers LLC is located in Wasilla, Alaska, and operates in the other support activities for road transportation industry (NAICS 488490). The company was financed with an SBA 7(a) loan for a change of ownership of $1,426,700, approved on April 30, 2024, through Mountain Pacific Bank.
SBA 7(a) loan, change of ownership, approved Apr 30, 2024
$1,426,700 approvedLender: Mountain Pacific Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,426,700
- SBA-guaranteed amount
- $1,070,025 (75% of the approval)
- Lender
- Mountain Pacific Bank, Everett, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 30, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $13,471 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 488490, Other Support Activities for Road Transportation
- Project location
- Matanuska Susitna County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Support Activities for Road Transportation: $1,895,671.
- 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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