Tatum Unlimited LLC
Tatum Unlimited LLC is located in Springfield, MO, and the SBA lists its industry as Supermarkets and Other Grocery Retailers (except Convenience Retailers). It was approved for an SBA 7(a) loan of $1,166,000 for a change of ownership on December 7, 2023.
SBA 7(a) loan, change of ownership, approved Dec 7, 2023
- Gross approval
- $1,166,000
- SBA-guaranteed amount
- $874,500 (75% of the approval)
- Lender
- Regent Bank, Tulsa, OK
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 8 years, 8 months (104 months)
- Estimated maturity
- August 7, 2032 (estimated, approval date plus term)
- Estimated monthly payment
- $16,964 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Greene County, MO
- SBA district office
- Kansas City District Office
- Congressional district
- MO-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 49% 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 Missouri: $1,584,414.
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 Missouri
- Leevers Supermarkets, Inc., Overland