Ladbroke Square Capital LLC
Ladbroke Square Capital LLC is a furniture retailer located in Denver, CO, classified under NAICS code 449110. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.55 million, approved on June 18, 2024 by lender InBank.
SBA 7(a) loan, change of ownership, approved Jun 18, 2024
$1,550,000 approvedLender: InBank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,550,000
- SBA-guaranteed amount
- $1,162,500 (75% of the approval)
- Lender
- InBank, Raton, NM
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 18, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $20,483 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 18, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Denver County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in Furniture Retailers on this site.
- Average acquisition loan in Furniture Retailers: $1,875,127.
- 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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