North Star Ventures LLC
North Star Ventures LLC is located in Bountiful, UT, and the SBA lists its industry as Periodical Publishers. It was approved for an SBA 7(a) loan of $600,000 for a change of ownership on November 28, 2025.
SBA 7(a) loan, change of ownership, approved Nov 28, 2025
- Gross approval
- $600,000
- SBA-guaranteed amount
- $450,000 (75% of the approval)
- Lender
- First Bank of the Lake, Osage Beach, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 28, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,682 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 513120, Periodical Publishers
- Project location
- Davis County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Periodical Publishers: $1,524,667.
- Average acquisition loan in Utah: $1,761,092.
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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