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Revitalize Health, LLC

Spokane Valley, WA · All Other Amusement and Recreation Industries · NAICS 713990

Revitalize Health, LLC is located in Spokane Valley, Washington, and operates in the All Other Amusement and Recreation Industries (NAICS 713990). The business was financed with an SBA 7(a) loan for a change of ownership totaling $3,454,000, approved by Western State Bank on February 9, 2024.

SBA 7(a) loan, change of ownership, approved Feb 9, 2024

$3,454,000 approvedLender: Western State Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,454,000
SBA-guaranteed amount
$2,590,500 (75% of the approval)
Lender
Western State Bank, Devils Lake, ND
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
February 9, 2034 (estimated, approval date plus term)
Estimated monthly payment
$48,069 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
105
Business type
Corporation
NAICS
713990, All Other Amusement and Recreation Industries
Franchise
Altitude Trampoline Park
Project location
Spokane County, WA
SBA district office
Seattle District Office
Congressional district
WA-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 88% of acquisition loans in All Other Amusement and Recreation Industries on this site.
  • Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
  • 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