T&D Capital Ventures LLC
T&D Capital Ventures LLC, located in Oklahoma City, Oklahoma, operates in the All Other Personal Services industry (NAICS 812990). It was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,835,000, approved on August 26, 2024 by BayFirst National Bank.
SBA 7(a) loan, change of ownership, approved Aug 26, 2024
$1,835,000 approvedLender: BayFirst National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,835,000
- SBA-guaranteed amount
- $1,376,250 (75% of the approval)
- Lender
- BayFirst National Bank, Saint Petersburg, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $25,538 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 812990, All Other Personal Services
- Franchise
- GLO TANNING
- Project location
- Cleveland County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in All Other Personal Services on this site.
- Average acquisition loan in All Other Personal Services: $1,504,156.
- Average acquisition loan in Oklahoma: $1,861,759.
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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