NW Coast Rentals Inc
NW Coast Rentals Inc is a truck, utility trailer, and recreational vehicle rental and leasing business in Tacoma, WA. The company was financed with an SBA 7(a) loan for a change of ownership of $2,080,400, approved by U.S. Bank, National Association on March 26, 2025.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
$2,080,400 approvedLender: U.S. Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,080,400
- SBA-guaranteed amount
- $1,560,300 (75% of the approval)
- Lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $24,695 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 532120, Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
- Project location
- Pierce County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing: $1,828,150.
- 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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