Apex Mercury LLC
Apex Mercury LLC is a business in Sheridan, Wyoming, classified under NAICS 519190 (All Other Information Services). The company was financed with an SBA 7(a) loan for a change of ownership, approved in an amount of $800,000 through lender Banesco USA on July 30, 2024.
SBA 7(a) loan, change of ownership, approved Jul 30, 2024
$800,000 approvedLender: Banesco USA10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $800,000
- SBA-guaranteed amount
- $600,000 (75% of the approval)
- Lender
- Banesco USA, Miami, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 30, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $11,134 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 519190, All Other Information Services
- Project location
- Sheridan County, WY
- SBA district office
- Wyoming District Office
- Congressional district
- WY-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Information Services: $800,000.
- Average acquisition loan in Wyoming: $1,759,358.
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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