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1001 Partners LLC

Seattle, WA · Pet Care (except Veterinary) Services · NAICS 812910

1001 Partners LLC is a pet care services business in Seattle, Washington, in the NAICS 812910 category for pet care services other than veterinary services. The company was financed with an SBA 7(a) loan for a change of ownership of $2.5 million, approved on December 5, 2024 by Washington Trust Bank, and the loan reports 19 jobs.

SBA 7(a) loan, change of ownership, approved Dec 5, 2024

$2,500,000 approvedLender: Washington Trust Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,500,000
SBA-guaranteed amount
$1,875,000 (75% of the approval)
Lender
Washington Trust Bank, Spokane, WA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
10 years (120 months)
Estimated maturity
December 5, 2034 (estimated, approval date plus term)
Estimated monthly payment
$30,003 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 24, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
19
Business type
Corporation
NAICS
812910, Pet Care (except Veterinary) Services
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-09
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 Pet Care (except Veterinary) Services on this site.
  • Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
  • Average acquisition loan in Washington: $1,784,595.

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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Same industry in Washington