Terrene Inc.
Terrene Inc. is a business in Mukilteo, Washington, classified under metal coating, engraving (except jewelry and silverware), and allied services to manufacturers. It was financed with an SBA 7(a) loan for a change of ownership of $2.4 million, approved by Mountain Pacific Bank on March 5, 2026.
SBA 7(a) loan, change of ownership, approved Mar 5, 2026
$2,400,000 approvedLender: Mountain Pacific Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,400,000
- SBA-guaranteed amount
- $1,800,000 (75% of the approval)
- Lender
- Mountain Pacific Bank, Everett, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 5, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $30,078 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 332812, Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
- Project location
- Snohomish County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers: $1,536,267.
- Average acquisition loan in Washington: $1,784,595.
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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