Shine-A -Blind, Inc.
Shine-A -Blind, Inc. is located in Edmonds, WA, and the SBA lists its industry as Window Treatment Retailers. It was approved for an SBA 7(a) loan of $700,000 for a change of ownership on November 4, 2024.
SBA 7(a) loan, change of ownership, approved Nov 4, 2024
- Gross approval
- $700,000
- SBA-guaranteed amount
- $525,000 (75% of the approval)
- Lender
- Washington Trust Bank, Spokane, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 4, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $8,867 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 27, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 449122, Window Treatment Retailers
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 21% of acquisition loans in Window Treatment Retailers on this site.
- Average acquisition loan in Window Treatment Retailers: $1,319,650.
- 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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