Sarazona, LLC
Sarazona, LLC is located in Sedona, AZ, and the SBA lists its industry as All Other Traveler Accommodation. It was approved for an SBA 7(a) loan of $3,150,000 for a change of ownership on September 27, 2024.
SBA 7(a) loan, change of ownership, approved Sep 27, 2024
- Gross approval
- $3,150,000
- SBA-guaranteed amount
- $2,362,500 (75% of the approval)
- Lender
- Zions Bancorporation, National Association, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 27, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $36,981 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 721199, All Other Traveler Accommodation
- Project location
- Yavapai County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Traveler Accommodation: $1,818,857.
- 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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