Willow Grace Veterinary Hospital Smyrna LLC
Willow Grace Veterinary Hospital Smyrna LLC is a veterinary services business in Smyrna, Delaware. It was financed with an SBA 7(a) loan for a change of ownership of $2.75 million, approved by Live Oak Banking Company on January 16, 2026.
SBA 7(a) loan, change of ownership, approved Jan 16, 2026
$2,750,000 approvedLender: Live Oak Banking Company131 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,750,000
- SBA-guaranteed amount
- $2,062,500 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.75%, variable
- Term
- 10 years, 11 months (131 months)
- Estimated maturity
- December 16, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $29,725 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 1, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 541940, Veterinary Services
- Project location
- Kent County, DE
- SBA district office
- Delaware District Office
- Congressional district
- DE-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Veterinary Services on this site.
- Average acquisition loan in Veterinary Services: $1,742,169.
- Average acquisition loan in Delaware: $1,875,271.
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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