Main Street Registry

Property Pros Northwest LLC

Seattle, WA · All Other Specialty Trade Contractors · NAICS 238990

Property Pros Northwest LLC is a specialty trade contractor in Seattle, Washington, classified under the industry description All Other Specialty Trade Contractors. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,000,000, approved on January 17, 2025, by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Jan 17, 2025

$1,000,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (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
8.75%, variable
Term
10 years (120 months)
Estimated maturity
January 17, 2035 (estimated, approval date plus term)
Estimated monthly payment
$12,533 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 33% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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