Reeve Air Alaska, LLC
Reeve Air Alaska, LLC is a business in Anchorage, Alaska, in the scheduled passenger air transportation industry (NAICS 481111). The company was financed with an SBA 7(a) loan for a change of ownership of $4,364,000, approved on May 28, 2025 by Alaska Growth Capital BIDCO, Inc.
SBA 7(a) loan, change of ownership, approved May 28, 2025
$4,364,000 approvedLender: Alaska Growth Capital BIDCO, Inc.12 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,364,000
- SBA-guaranteed amount
- $3,273,000 (75% of the approval)
- Lender
- Alaska Growth Capital BIDCO, Inc., Anchorage, AK
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 12 years (144 months)
- Estimated maturity
- May 28, 2037 (estimated, approval date plus term)
- Estimated monthly payment
- $53,421 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 481111, Scheduled Passenger Air Transportation
- Project location
- Anchorage County, AK
- SBA district office
- Alaska District Office
- Congressional district
- AK-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Scheduled Passenger Air Transportation: $4,364,000.
- Average acquisition loan in Alaska: $1,671,114.
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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