JJ Evans Wellness LLC
JJ Evans Wellness LLC is located in Clemson, SC, and the SBA lists its industry as Other Personal Care Services. It was approved for an SBA 7(a) loan of $550,000 for a change of ownership on May 22, 2025.
SBA 7(a) loan, change of ownership, approved May 22, 2025
- Gross approval
- $550,000
- SBA-guaranteed amount
- $412,500 (75% of the approval)
- Lender
- First Business Bank, Madison, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,268 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Franchise
- iCRYO Franchise System LLC
- Project location
- Pickens County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 5% of acquisition loans in Other Personal Care Services on this site.
- Average acquisition loan in Other Personal Care Services: $1,410,088.
- Average acquisition loan in South Carolina: $1,827,509.
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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