Main Street Registry

Stoke Partners, LLC

Greeley, CO · Automotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121

Stoke Partners, LLC is located in Greeley, CO, and the SBA lists its industry as Automotive Body, Paint, and Interior Repair and Maintenance. It was approved for an SBA 7(a) loan of $1,500,000 for a change of ownership on April 29, 2024.

SBA 7(a) loan, change of ownership, approved Apr 29, 2024

Gross approval
$1,500,000
SBA-guaranteed amount
$1,125,000 (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
9.5%, variable
Term
10 years (120 months)
Estimated maturity
April 29, 2034 (estimated, approval date plus term)
Estimated monthly payment
$19,410 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
811121, Automotive Body, Paint, and Interior Repair and Maintenance
Project location
Weld County, CO
SBA district office
Colorado District Office
Congressional district
CO-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Colorado