Scarlet Oak Enterprises LLC
Scarlet Oak Enterprises LLC is located in Denver, NC, and the SBA lists its industry as Postal Service. It was approved for an SBA 7(a) loan of $1,300,000 for a change of ownership on September 10, 2025.
SBA 7(a) loan, change of ownership, approved Sep 10, 2025
- Gross approval
- $1,300,000
- SBA-guaranteed amount
- $975,000 (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
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 10, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,644 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 491110, Postal Service
- Franchise
- The UPS Store
- Project location
- Lincoln County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Postal Service: $972,312.
- Average acquisition loan in North Carolina: $1,952,444.
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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