Prairie Print Inc
Prairie Print Inc is located in Wichita, KS, and the SBA lists its industry as Commercial Screen Printing. It was approved for an SBA 7(a) loan of $814,500 for a change of ownership on November 19, 2024.
SBA 7(a) loan, change of ownership, approved Nov 19, 2024
- Gross approval
- $814,500
- SBA-guaranteed amount
- $610,875 (75% of the approval)
- Lender
- Emprise Bank, Wichita, KS
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.38%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- November 19, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,617 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 323113, Commercial Screen Printing
- Project location
- Sedgwick County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in Commercial Screen Printing on this site.
- Average acquisition loan in Commercial Screen Printing: $1,602,852.
- Average acquisition loan in Kansas: $1,491,022.
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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