Rich Sports Hawaii LLC
Rich Sports Hawaii LLC is a sports and recreation instruction business located in Honolulu, Hawaii, operating under the Soccer Shots franchise. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $635,000, approved on March 27, 2026 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Mar 27, 2026
$635,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $635,000
- SBA-guaranteed amount
- $476,250 (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
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 27, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,873 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 8, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 611620, Sports and Recreation Instruction
- Franchise
- Soccer Shots
- Project location
- Honolulu County, HI
- SBA district office
- Hawaii District Office
- Congressional district
- HI-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Sports and Recreation Instruction: $1,698,356.
- Average acquisition loan in Hawaii: $1,359,741.
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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