Popana LLC
Popana LLC is located in Tucson, AZ, and the SBA lists its industry as Other Miscellaneous Durable Goods Merchant Wholesalers. It was approved for an SBA 7(a) loan of $928,000 for a change of ownership on April 2, 2025.
SBA 7(a) loan, change of ownership, approved Apr 2, 2025
- Gross approval
- $928,000
- SBA-guaranteed amount
- $696,000 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 2, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,392 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Pima County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 21% of acquisition loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average acquisition loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,301,987.
- Average acquisition loan in Arizona: $1,690,811.
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 Arizona
- Roll Shutter Systems, Phoenix
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