Veterans Room Limited Liability Company
Veterans Room Limited Liability Company is located in Washington, DC, and the SBA lists its industry as Offices of Mental Health Practitioners (except Physicians). It was approved for an SBA 7(a) loan of $1,207,700 for a change of ownership on June 5, 2025.
SBA 7(a) loan, change of ownership, approved Jun 5, 2025
- Gross approval
- $1,207,700
- SBA-guaranteed amount
- $905,775 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 5, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,296 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 29, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 621330, Offices of Mental Health Practitioners (except Physicians)
- Project location
- District of Columbia County, DC
- SBA district office
- Washington District Office
- Congressional district
- DC-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in Offices of Mental Health Practitioners (except Physicians) on this site.
- Average acquisition loan in Offices of Mental Health Practitioners (except Physicians): $1,394,742.
- Average acquisition loan in District of Columbia: $1,591,564.
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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