Sundance Sweeping
Sundance Sweeping is located in Gilbert, AZ, and the SBA lists its industry as Other Services to Buildings and Dwellings. It was approved for an SBA 7(a) loan of $1,655,000 for a change of ownership on February 20, 2025.
SBA 7(a) loan, change of ownership, approved Feb 20, 2025
- Gross approval
- $1,655,000
- SBA-guaranteed amount
- $1,241,250 (75% of the approval)
- Lender
- St. Louis Bank, St. Louis, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $22,101 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 561790, Other Services to Buildings and Dwellings
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 81% of acquisition loans in Other Services to Buildings and Dwellings on this site.
- Average acquisition loan in Other Services to Buildings and Dwellings: $1,196,922.
- Average acquisition loan in Arizona: $1,690,811.
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 Arizona
- Doxa Cleaning LLC, Mesa
- De La Cerda & Co LLC, Phoenix
- D.C. Rayne Holdings L.L.C., Phoenix
- Sunstate Sweeping, Phoenix
- Halcyon AM LLC, Phoenix