Quilt Happiness LLC
Quilt Happiness LLC, located in Surprise, Arizona, operates in the sewing, needlework, and piece goods retail industry (NAICS 459130). The company was financed with an SBA 7(a) loan for a change of ownership of $593,400, approved on May 18, 2026, through JPMorgan Chase Bank, National Association.
SBA 7(a) loan, change of ownership, approved May 18, 2026
$593,400 approvedLender: JPMorgan Chase Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $593,400
- SBA-guaranteed amount
- $445,050 (75% of the approval)
- Lender
- JPMorgan Chase Bank, National Association, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 18, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,044 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 29, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 459130, Sewing, Needlework, and Piece Goods Retailers
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 30% of acquisition loans in Sewing, Needlework, and Piece Goods Retailers on this site.
- Average acquisition loan in Sewing, Needlework, and Piece Goods Retailers: $970,240.
- 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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