Trijal Investments LLC
Trijal Investments LLC, located in Normal, IL, operates in the amusement and theme parks industry (NAICS 713110) and is a franchise of Urban Air Adventure Park. The business was financed with an SBA 7(a) loan for a change of ownership of $3,746,000, approved on November 14, 2024, by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Nov 14, 2024
$3,746,000 approvedLender: Celtic Bank Corporation10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,746,000
- SBA-guaranteed amount
- $2,809,500 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 14, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $50,547 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 19, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 56
- Business type
- Corporation
- NAICS
- 713110, Amusement and Theme Parks
- Franchise
- Urban Air Adventure Park
- Project location
- Mclean County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Amusement and Theme Parks: $2,448,250.
- Average acquisition loan in Illinois: $1,796,780.
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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