Impressions In Ink Oregon, LLC
Impressions In Ink Oregon, LLC is a commercial printing business located in Portland, Oregon, in the commercial printing (except screen and books) industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,875,000, approved on February 10, 2024, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Feb 10, 2024
$1,875,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,875,000
- SBA-guaranteed amount
- $1,406,250 (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
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 10, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $24,519 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 323111, Commercial Printing (except Screen and Books)
- Project location
- Multnomah County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 66% of acquisition loans in Commercial Printing (except Screen and Books) on this site.
- Average acquisition loan in Commercial Printing (except Screen and Books): $1,666,227.
- Average acquisition loan in Oregon: $1,946,167.
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 Oregon
- N the Zone Ink LLC, Bend