PNW Adventures LLC
PNW Adventures LLC is located in Boise, ID, and the SBA lists its industry as Hobby, Toy, and Game Retailers. It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on July 22, 2024.
SBA 7(a) loan, change of ownership, approved Jul 22, 2024
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Citizens Bank, Elizabethton, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 22, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,958 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 29, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 459120, Hobby, Toy, and Game Retailers
- Franchise
- HobbyTown
- Project location
- Ada County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Hobby, Toy, and Game Retailers: $1,090,500.
- Average acquisition loan in Idaho: $1,527,113.
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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