SMT Las Vegas LLC
SMT Las Vegas LLC is a solid waste collection business located in Las Vegas, Nevada, operating under the Smash My Trash franchise. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1,992,200 from Zions Bancorporation, National Association, approved on January 15, 2025.
SBA 7(a) loan, change of ownership, approved Jan 15, 2025
$1,992,200 approvedLender: Zions Bancorporation, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,992,200
- SBA-guaranteed amount
- $1,494,150 (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
- January 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $23,389 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 562111, Solid Waste Collection
- Franchise
- Smash My Trash
- Project location
- Clark County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Solid Waste Collection on this site.
- Average acquisition loan in Solid Waste Collection: $1,466,890.
- Average acquisition loan in Nevada: $1,617,910.
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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