Main Street Registry

Team Logic IT, North Scottsdale

Scottsdale, AZ · All Other Professional, Scientific, and Technical Services · NAICS 541990

Team Logic IT, North Scottsdale is located in Scottsdale, Arizona, and operates in the all other professional, scientific, and technical services industry (NAICS 541990). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,425,700, with a 10-year term, approved through The Bancorp Bank National Association with an approval date of September 3, 2026.

SBA 7(a) loan, change of ownership, approved Sep 3, 2026

$1,425,700 approvedLender: The Bancorp Bank National Association10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,425,700
SBA-guaranteed amount
$1,069,275 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
10 years (120 months)
Estimated maturity
September 3, 2036 (estimated, approval date plus term)
Estimated monthly payment
$17,298 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
6
Business type
Corporation
NAICS
541990, All Other Professional, Scientific, and Technical Services
Franchise
TeamLogic IT
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 57% of acquisition loans in All Other Professional, Scientific, and Technical Services on this site.
  • Average acquisition loan in All Other Professional, Scientific, and Technical Services: $1,682,572.
  • 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