Toptechs Temporaries Incorporated
Toptechs Temporaries Incorporated is located in Brookfield, WI, and the SBA lists its industry as Nursing Care Facilities (Skilled Nursing Facilities). It was approved for an SBA 7(a) loan of $2,824,500 for a change of ownership on November 15, 2023.
SBA 7(a) loan, change of ownership, approved Nov 15, 2023
- Gross approval
- $2,824,500
- SBA-guaranteed amount
- $2,118,375 (75% of the approval)
- Lender
- Old National Bank, Evansville, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.85%, fixed
- Term
- 10 years, 2 months (122 months)
- Estimated maturity
- January 15, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $33,678 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 27, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 623110, Nursing Care Facilities (Skilled Nursing Facilities)
- Project location
- Waukesha County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in Nursing Care Facilities (Skilled Nursing Facilities) on this site.
- Average acquisition loan in Nursing Care Facilities (Skilled Nursing Facilities): $2,015,509.
- Average acquisition loan in Wisconsin: $1,729,230.
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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