Good Dogs Royal Oak, LLC
Good Dogs Royal Oak, LLC is a pet care services business located in Royal Oak, Michigan, classified under NAICS 812910 (Pet Care, except Veterinary Services). The business was financed with an SBA 7(a) loan for a change of ownership totaling $5,000,000, approved on April 3, 2025 by Live Oak Banking Company. The loan is associated with the franchise All American Pet Resorts and reports 22 jobs.
SBA 7(a) loan, change of ownership, approved Apr 3, 2025
$5,000,000 approvedLender: Live Oak Banking Company14 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (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
- 8.25%, variable
- Term
- 14 years (168 months)
- Estimated maturity
- April 3, 2039 (estimated, approval date plus term)
- Estimated monthly payment
- $50,278 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 812910, Pet Care (except Veterinary) Services
- Franchise
- All American Pet Resorts
- Project location
- Oakland County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 98% 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 Michigan: $1,645,728.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Michigan
- Kado Corner LLC, Byron Center
- Ignash Kennels, LLC, Rochester Hills