Darren L. Meyer
Darren L. Meyer is located in Greenwood Village, CO, and the SBA lists its industry as Miscellaneous Intermediation. It was approved for an SBA 7(a) loan of $1,280,000 for a change of ownership on October 25, 2023.
SBA 7(a) loan, change of ownership, approved Oct 25, 2023
- Gross approval
- $1,280,000
- SBA-guaranteed amount
- $960,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 25, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $16,563 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 27, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Individual
- NAICS
- 523910, Miscellaneous Intermediation
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Miscellaneous Intermediation: $1,245,667.
- Average acquisition loan in Colorado: $1,608,658.
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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