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Charlotte Kennels Indian Trail NC LLC

Indian Trail, NC · Pet Care (except Veterinary) Services · NAICS 812910

Charlotte Kennels Indian Trail NC LLC is a pet care services business in Indian Trail, North Carolina, classified under the pet care (except veterinary) services industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,730,000, approved on October 5, 2023 by SouthState Bank, National Association.

SBA 7(a) loan, change of ownership, approved Oct 5, 2023

$1,730,000 approvedLender: SouthState Bank, National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,730,000
SBA-guaranteed amount
$1,297,500 (75% of the approval)
Lender
SouthState Bank, National Association, Winter Haven, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
October 5, 2048 (estimated, approval date plus term)
Estimated monthly payment
$15,721 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 17, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
812910, Pet Care (except Veterinary) Services
Project location
Union County, NC
SBA district office
North Carolina District Office
Congressional district
NC-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 77% of acquisition loans in Pet Care (except Veterinary) Services on this site.
  • Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
  • Average acquisition loan in North Carolina: $1,952,444.

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 North Carolina