Sunrise Acquisitions Group, LLC
Sunrise Acquisitions Group, LLC is a landscaping services business in Myrtle Beach, South Carolina. The company was financed with an SBA 7(a) loan for a change of ownership totaling $623,200, approved on July 23, 2024 by TD Bank, National Association.
SBA 7(a) loan, change of ownership, approved Jul 23, 2024
$623,200 approvedLender: TD Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $623,200
- SBA-guaranteed amount
- $467,400 (75% of the approval)
- Lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.85%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- July 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,512 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 26, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Horry County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 10% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in South Carolina: $1,827,509.
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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