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Bell House Training Company, LLC

Byron Center, MI · Fitness and Recreational Sports Centers · NAICS 713940

Bell House Training Company, LLC is located in Byron Center, MI, and the SBA lists its industry as Fitness and Recreational Sports Centers. It was approved for an SBA 7(a) loan of $772,000 for a change of ownership on December 19, 2023.

SBA 7(a) loan, change of ownership, approved Dec 19, 2023

Gross approval
$772,000
SBA-guaranteed amount
$579,000 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
December 19, 2033 (estimated, approval date plus term)
Estimated monthly payment
$10,634 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 1, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Kent County, MI
SBA district office
Michigan District Office
Congressional district
MI-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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 Michigan