Girasol Capital LLC
Girasol Capital LLC is a machine shop in Mulvane, Kansas, operating in the Machine Shops industry (NAICS 332710). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,647,300, approved on March 1, 2024 by Emprise Bank.
SBA 7(a) loan, change of ownership, approved Mar 1, 2024
$1,647,300 approvedLender: Emprise Bank10 years termPaid in fullLoan details
- Gross approval
- $1,647,300
- SBA-guaranteed amount
- $1,235,475 (75% of the approval)
- Lender
- Emprise Bank, Wichita, KS
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.16%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- March 1, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $19,263 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 6, 2024
- Loan status
- Paid in full
- Jobs supported
- 32
- Business type
- Corporation
- NAICS
- 332710, Machine Shops
- Project location
- Sedgwick County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 43% of acquisition loans in Machine Shops on this site.
- Average acquisition loan in Machine Shops: $2,116,278.
- Average acquisition loan in Kansas: $1,491,022.
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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