Pf Fishpole Hoists, Inc.
Pf Fishpole Hoists, Inc. is located in Renton, WA, and the SBA lists its industry as Aircraft Engine and Engine Parts Manufacturing. It was approved for an SBA 7(a) loan of $2,574,900 for a change of ownership on August 12, 2024.
SBA 7(a) loan, change of ownership, approved Aug 12, 2024
- Gross approval
- $2,574,900
- SBA-guaranteed amount
- $1,931,175 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $33,672 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 336412, Aircraft Engine and Engine Parts Manufacturing
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Aircraft Engine and Engine Parts Manufacturing: $2,574,900.
- 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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Same industry in Washington
- Lamar Technologies LLC, Marysville