PC Party Suppliers, LLC
PC Party Suppliers, LLC is located in Jacksonville, NC, and the SBA lists its industry as Gift, Novelty, and Souvenir Retailers. It was approved for an SBA 7(a) loan of $504,000 for a change of ownership on March 22, 2024.
SBA 7(a) loan, change of ownership, approved Mar 22, 2024
- Gross approval
- $504,000
- SBA-guaranteed amount
- $378,000 (75% of the approval)
- Lender
- American Momentum Bank, College Station, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 22, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,730 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 29, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 459420, Gift, Novelty, and Souvenir Retailers
- Project location
- Onslow County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Gift, Novelty, and Souvenir Retailers: $1,214,814.
- Average acquisition loan in North Carolina: $1,952,444.
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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