L Whole Foods LLC
L Whole Foods LLC is a business in Sheridan, WY, in the supermarkets and other grocery retailers industry (NAICS 445110). The company was financed with an SBA 7(a) loan for a change of ownership of $3,950,000, approved on December 23, 2024, through Port 51 Lending LLC.
SBA 7(a) loan, change of ownership, approved Dec 23, 2024
$3,950,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,950,000
- SBA-guaranteed amount
- $2,962,500 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $52,748 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 6, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 63
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Sheridan County, WY
- SBA district office
- Wyoming District Office
- Congressional district
- WY-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- Average acquisition loan in Wyoming: $1,759,358.
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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