Budget Blinds of Fox Valley
Budget Blinds of Fox Valley is a window treatment retailer in Appleton, Wisconsin, operating as a Budget Blinds franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $1,392,800, approved by Mission Valley Bank on April 3, 2024. The loan lists 2 jobs.
SBA 7(a) loan, change of ownership, approved Apr 3, 2024
$1,392,800 approvedLender: Mission Valley Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,392,800
- SBA-guaranteed amount
- $1,044,600 (75% of the approval)
- Lender
- Mission Valley Bank, Sun Valley, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 3, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $19,383 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 449122, Window Treatment Retailers
- Franchise
- Budget Blinds
- Project location
- Outagamie County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 71% of acquisition loans in Window Treatment Retailers on this site.
- Average acquisition loan in Window Treatment Retailers: $1,319,650.
- Average acquisition loan in Wisconsin: $1,729,230.
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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- KH&PA Holdings, LLC, Sturgeon Bay