Rks Investment LLC
Rks Investment LLC is a supermarket and grocery retailer in Ellensburg, Washington, classified under NAICS code 445110 (Supermarkets and Other Grocery Retailers, except Convenience Retailers). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,125,000, approved on January 23, 2024 through Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Jan 23, 2024
$1,125,000 approvedLender: Celtic Bank Corporation10 years termPaid in fullLoan details
- Gross approval
- $1,125,000
- SBA-guaranteed amount
- $843,750 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $15,180 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 24, 2024
- Loan status
- Paid in full
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Kittitas County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 45% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- Average acquisition loan in Washington: $1,784,595.
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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