Whirlaway Holdings, LLC
Whirlaway Holdings, LLC is located in Prospect, Kentucky, and operates in the offices of physicians and mental health specialists industry (NAICS 621112). The business was financed with an SBA 7(a) loan for a change of ownership of $591,100, approved on November 12, 2024, through Stock Yards Bank & Trust Company.
SBA 7(a) loan, change of ownership, approved Nov 12, 2024
$591,100 approvedLender: Stock Yards Bank & Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $591,100
- SBA-guaranteed amount
- $443,325 (75% of the approval)
- Lender
- Stock Yards Bank & Trust Company, Louisville, KY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,094 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 18, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 621112, Offices of Physicians, Mental Health Specialists
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Physicians, Mental Health Specialists: $2,271,457.
- Average acquisition loan in Kentucky: $1,988,993.
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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