Skydive Snohomish, Inc.
Skydive Snohomish, Inc. is located in Snohomish, WA, and the SBA lists its industry as All Other Amusement and Recreation Industries. It was approved for an SBA 7(a) loan of $3,835,000 for a change of ownership on December 5, 2024.
SBA 7(a) loan, change of ownership, approved Dec 5, 2024
- Gross approval
- $3,835,000
- SBA-guaranteed amount
- $2,876,250 (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
- 9.95%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 5, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $50,574 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 92% 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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