Quality Voice & Data, Inc.
Quality Voice & Data, Inc. is located in Aurora, NE, and the SBA lists its industry as Wireless Telecommunications Carriers (except Satellite). It was approved for an SBA 7(a) loan of $2,016,000 for a change of ownership on November 20, 2024.
SBA 7(a) loan, change of ownership, approved Nov 20, 2024
- Gross approval
- $2,016,000
- SBA-guaranteed amount
- $1,512,000 (75% of the approval)
- Lender
- Northwest Bank, Warren, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 20, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $25,538 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 26, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 517112, Wireless Telecommunications Carriers (except Satellite)
- Project location
- Erie County, NY
- SBA district office
- Nebraska District Office
- Congressional district
- NY-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Wireless Telecommunications Carriers (except Satellite): $2,280,250.
- Average acquisition loan in Nebraska: $1,711,589.
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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