Tatum Unlimited LLC
Tatum Unlimited LLC is a supermarket and grocery retailer located in Springfield, Missouri, classified under NAICS code 445110. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,166,000, approved on December 7, 2023, through Regent Bank.
SBA 7(a) loan, change of ownership, approved Dec 7, 2023
$1,166,000 approvedLender: Regent Bank104 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,166,000
- SBA-guaranteed amount
- $874,500 (75% of the approval)
- Lender
- Regent Bank, Tulsa, OK
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 8 years, 8 months (104 months)
- Estimated maturity
- August 7, 2032 (estimated, approval date plus term)
- Estimated monthly payment
- $16,964 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Greene County, MO
- SBA district office
- Kansas City District Office
- Congressional district
- MO-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 49% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- Average acquisition loan in Missouri: $1,584,414.
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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Same industry in Missouri
- Leevers Supermarkets, Inc., Overland