Caren Davis Design & Co LLC
Caren Davis Design & Co LLC, located in Seattle, WA, operates in the industry of other activities related to real estate (NAICS 531390). The company was financed with an SBA 7(a) loan for a change of ownership of $568,000, approved on March 26, 2025, through Banner Bank.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
$568,000 approvedLender: Banner Bank10 years termPaid in fullLoan details
- Gross approval
- $568,000
- SBA-guaranteed amount
- $426,000 (75% of the approval)
- Lender
- Banner Bank, Walla Walla, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,350 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 22, 2025
- Loan status
- Paid in full
- Jobs supported
- 18
- Business type
- Corporation
- NAICS
- 531390, Other Activities Related to Real Estate
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 9% of acquisition loans in Other Activities Related to Real Estate on this site.
- Average acquisition loan in Other Activities Related to Real Estate: $1,530,355.
- Average acquisition loan in Washington: $1,784,595.
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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