Blue River Bowl
Blue River Bowl is an amusement and recreation business in Shelbyville, Indiana, classified under NAICS 713990, All Other Amusement and Recreation Industries. The company was financed with an SBA 7(a) loan for a change of ownership totaling $603,000, approved on May 30, 2025, through First Internet Bank of Indiana. The loan was reported with 4 jobs.
SBA 7(a) loan, change of ownership, approved May 30, 2025
$603,000 approvedLender: First Internet Bank of Indiana25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $603,000
- SBA-guaranteed amount
- $452,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $5,268 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 713990, All Other Amusement and Recreation Industries
- Project location
- Shelby County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 10% of acquisition loans in All Other Amusement and Recreation Industries on this site.
- Average acquisition loan in All Other Amusement and Recreation Industries: $1,649,888.
- Average acquisition loan in Indiana: $1,995,900.
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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