Incendium Strategies, LLC
Incendium Strategies, LLC is a business in Dallas, TX, in the administrative management and general management consulting services industry (NAICS 541611). The company was financed with an SBA 7(a) loan for a change of ownership of $1,794,000, approved on January 14, 2024 by U.S. Bank, National Association, and reported 11 jobs.
SBA 7(a) loan, change of ownership, approved Jan 14, 2024
$1,794,000 approvedLender: U.S. Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,794,000
- SBA-guaranteed amount
- $1,345,500 (75% of the approval)
- Lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 14, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $23,708 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 541611, Administrative Management and General Management Consulting Services
- Project location
- District of Columbia County, DC
- SBA district office
- Washington District Office
- Congressional district
- DC-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 37% of acquisition loans in Administrative Management and General Management Consulting Services on this site.
- Average acquisition loan in Administrative Management and General Management Consulting Services: $2,320,768.
- Average acquisition loan in Texas: $1,944,682.
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 Texas
- IIWII Holdings LLC, Marble Falls