Atlas Boatlifts LLC
Atlas Boatlifts LLC is a business in Camdenton, Missouri, in the port and harbor operations industry (NAICS 488310). It was financed with an SBA 7(a) loan for a change of ownership totaling $1,232,000, approved on February 26, 2025, through OakStar Bank.
SBA 7(a) loan, change of ownership, approved Feb 26, 2025
$1,232,000 approvedLender: OakStar Bank171 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,232,000
- SBA-guaranteed amount
- $924,000 (75% of the approval)
- Lender
- OakStar Bank, Springfield, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 14 years, 3 months (171 months)
- Estimated maturity
- May 26, 2039 (estimated, approval date plus term)
- Estimated monthly payment
- $13,730 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 7, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 488310, Port and Harbor Operations
- Project location
- Camden County, MO
- SBA district office
- Kansas City District Office
- Congressional district
- MO-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Port and Harbor Operations: $873,500.
- Average acquisition loan in Missouri: $1,584,414.
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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