High Country Aqua Tech LLC
High Country Aqua Tech LLC is a business in Silverthorne, Colorado, classified under NAICS 459999 (All Other Miscellaneous Retailers). The company was financed with an SBA 7(a) loan for a change of ownership of $1.75 million, approved on March 6, 2024, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Mar 6, 2024
$1,750,000 approvedLender: Live Oak Banking Company10 years termPaid in fullLoan details
- Gross approval
- $1,750,000
- SBA-guaranteed amount
- $1,312,500 (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
- March 6, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $22,645 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 28, 2024
- Loan status
- Paid in full
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 459999, All Other Miscellaneous Retailers
- Project location
- Summit County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 71% of acquisition loans in All Other Miscellaneous Retailers on this site.
- Average acquisition loan in All Other Miscellaneous Retailers: $1,546,818.
- 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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