Main Street Registry

Rally Art Organization Inc

Steamboat Springs, CO · All Other Personal Services · NAICS 812990

Rally Art Organization Inc, located in Steamboat Springs, Colorado, operates in the All Other Personal Services industry (NAICS 812990). The company was financed with an SBA 7(a) loan for a change of ownership of $792,000, approved on September 6, 2024, through The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Sep 6, 2024

$792,000 approvedLender: The Huntington National Bank10 years termCommitted, not fully disbursedLoan details
Gross approval
$792,000
SBA-guaranteed amount
$594,000 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
September 6, 2034 (estimated, approval date plus term)
Estimated monthly payment
$10,576 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
7
Business type
Corporation
NAICS
812990, All Other Personal Services
Project location
Routt County, CO
SBA district office
Colorado District Office
Congressional district
CO-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 30% of acquisition loans in All Other Personal Services on this site.
  • Average acquisition loan in All Other Personal Services: $1,504,156.
  • 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