Mountain States Snowcats LLC
Mountain States Snowcats LLC is a business in Fraser, Colorado, in the other heavy and civil engineering construction industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $4.4 million, approved on September 26, 2025, by VelocitySBA, LLC, with 14 jobs reported.
SBA 7(a) loan, change of ownership, approved Sep 26, 2025
$4,383,000 approvedLender: VelocitySBA, LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,383,000
- SBA-guaranteed amount
- $3,287,250 (75% of the approval)
- Lender
- VelocitySBA, LLC, Irving, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 26, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $57,317 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 237990, Other Heavy and Civil Engineering Construction
- Project location
- Grand County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in Other Heavy and Civil Engineering Construction on this site.
- Average acquisition loan in Other Heavy and Civil Engineering Construction: $2,317,180.
- 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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Same industry in Colorado
- Hays Construction LLC, Littleton